iShares MSCI Israel ETF (NYSEARCA:EIS) Stock Price Up 1.1%

iShares MSCI Israel ETF (NYSEARCA:EIS) shares shot up 1.1% on Friday . The stock traded as high as $59.27 and last traded at $59.08. 8,374 shares were traded during trading, a decline of 78% from the average session volume of 38,552 shares. The stock had previously closed at $58.45.

iShares MSCI Israel ETF Stock Performance

The firm has a market cap of $150.65 million, a PE ratio of 7.51 and a beta of 1.00. The company’s 50-day simple moving average is $61.61 and its two-hundred day simple moving average is $57.14.

Institutional Investors Weigh In On iShares MSCI Israel ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Register Financial Advisors LLC purchased a new stake in shares of iShares MSCI Israel ETF in the 1st quarter worth about $29,000. Wambolt & Associates LLC lifted its position in shares of iShares MSCI Israel ETF by 5.1% in the 3rd quarter. Wambolt & Associates LLC now owns 10,983 shares of the company’s stock worth $600,000 after purchasing an additional 537 shares during the period. Westside Investment Management Inc. purchased a new stake in shares of iShares MSCI Israel ETF in the 1st quarter worth about $38,000. Raymond James & Associates lifted its position in shares of iShares MSCI Israel ETF by 63.8% in the 3rd quarter. Raymond James & Associates now owns 8,409 shares of the company’s stock worth $454,000 after purchasing an additional 3,274 shares during the period. Finally, Summit Place Financial Advisors LLC purchased a new stake in shares of iShares MSCI Israel ETF in the 4th quarter worth about $210,000.

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.