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

iShares MSCI Israel ETF (NYSEARCA:EIS)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $122.99 and last traded at $122.18, with a volume of 108220 shares. The stock had previously closed at $120.72.

iShares MSCI Israel ETF Trading Up 0.2%

The stock’s 50-day simple moving average is $112.82 and its 200-day simple moving average is $102.59. The stock has a market cap of $780.51 million, a price-to-earnings ratio of 13.79 and a beta of 1.03.

Institutional Trading of iShares MSCI Israel ETF

Several large investors have recently modified their holdings of EIS. Ameritas Advisory Services LLC bought a new position in shares of iShares MSCI Israel ETF in the third quarter worth $25,000. Princeton Global Asset Management LLC grew its stake in iShares MSCI Israel ETF by 49.8% during the third quarter. Princeton Global Asset Management LLC now owns 301 shares of the company’s stock worth $30,000 after buying an additional 100 shares in the last quarter. Triumph Capital Management bought a new position in iShares MSCI Israel ETF in the 3rd quarter valued at about $37,000. AlphaCore Capital LLC acquired a new position in shares of iShares MSCI Israel ETF in the 3rd quarter valued at approximately $40,000. Finally, Cloud Capital Management LLC bought a new stake in shares of iShares MSCI Israel ETF during the 3rd quarter worth approximately $52,000.

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.