iShares MSCI Israel ETF (NYSEARCA:EIS) Sets New 52-Week High – What’s Next?

Shares of iShares MSCI Israel ETF (NYSEARCA:EIS) reached a new 52-week high during trading on Tuesday . The company traded as high as $137.06 and last traded at $136.93, with a volume of 27768 shares. The stock had previously closed at $133.83.

iShares MSCI Israel ETF Trading Down 0.0%

The business’s 50 day moving average is $126.98 and its 200 day moving average is $119.08. The stock has a market capitalization of $1.03 billion, a PE ratio of 13.79 and a beta of 1.03.

Hedge Funds Weigh In On iShares MSCI Israel ETF

A number of large investors have recently made changes to their positions in EIS. Ameritas Advisory Services LLC purchased a new position in shares of iShares MSCI Israel ETF during the 3rd quarter worth about $25,000. O Shaughnessy Asset Management LLC purchased a new position in shares of iShares MSCI Israel ETF during the 4th quarter worth about $26,000. Triumph Capital Management purchased a new position in shares of iShares MSCI Israel ETF during the 3rd quarter worth about $37,000. AlphaCore Capital LLC purchased a new position in shares of iShares MSCI Israel ETF during the 3rd quarter worth about $40,000. Finally, Princeton Global Asset Management LLC boosted its stake in shares of 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 worth $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.