iShares MSCI Israel ETF (NYSEARCA:EIS) Hits New 12-Month High – Should You Buy?

iShares MSCI Israel ETF (NYSEARCA:EIS) hit a new 52-week high during trading on Wednesday . The stock traded as high as $135.30 and last traded at $135.13, with a volume of 96477 shares trading hands. The stock had previously closed at $132.85.

iShares MSCI Israel ETF Stock Performance

The stock has a 50 day moving average of $123.35 and a two-hundred day moving average of $115.63. The stock has a market cap of $1.01 billion, a PE ratio of 13.79 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC purchased a new stake in shares of iShares MSCI Israel ETF in the 4th quarter valued at approximately $26,000. Ameritas Advisory Services LLC purchased a new position in iShares MSCI Israel ETF during the 3rd quarter worth approximately $25,000. Triumph Capital Management purchased a new position in iShares MSCI Israel ETF during the 3rd quarter worth approximately $37,000. AlphaCore Capital LLC acquired a new stake in iShares MSCI Israel ETF during the 3rd quarter valued at $40,000. Finally, Princeton Global Asset Management LLC raised its stake in iShares MSCI Israel ETF by 41.3% during the 1st quarter. Princeton Global Asset Management LLC now owns 428 shares of the company’s stock valued at $50,000 after purchasing an additional 125 shares during the period.

About iShares MSCI Israel ETF

The iShares MSCI Israel ETF (EIS) is an exchange-traded fund that is based on the MSCI Israel Capped index, a market-cap-weighted index of Israeli firms. EIS was launched on Mar 26, 2008 and is managed by BlackRock.