10,436 Shares of iShares MSCI Israel ETF $EIS Purchased by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. purchased a new position in iShares MSCI Israel ETF (NYSEARCA:EIS) in the third quarter, HoldingsChannel.com reports. The firm purchased 10,436 shares of the company’s stock, valued at approximately $1,266,000.

Several other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of iShares MSCI Israel ETF by 142.3% during the 1st quarter. Bank of America Corp DE now owns 60,056 shares of the company’s stock valued at $6,969,000 after buying an additional 35,267 shares in the last quarter. Royal Bank of Canada grew its stake in shares of iShares MSCI Israel ETF by 24.7% during the 1st quarter. Royal Bank of Canada now owns 34,565 shares of the company’s stock valued at $4,011,000 after acquiring an additional 6,841 shares during the period. Trust Co. of Oklahoma purchased a new stake in iShares MSCI Israel ETF in the 1st quarter worth approximately $584,000. CX Institutional increased its holdings in iShares MSCI Israel ETF by 809.3% in the 2nd quarter. CX Institutional now owns 4,792 shares of the company’s stock worth $578,000 after acquiring an additional 4,265 shares in the last quarter. Finally, Wealth Care LLC purchased a new stake in iShares MSCI Israel ETF in the 1st quarter worth approximately $476,000.

iShares MSCI Israel ETF Trading Up 1.5%

NYSEARCA EIS traded up $1.75 on Tuesday, reaching $118.69. 51,798 shares of the stock were exchanged, compared to its average volume of 103,304. iShares MSCI Israel ETF has a one year low of $97.50 and a one year high of $138.85. The firm has a market capitalization of $860.50 million, a PE ratio of 13.79 and a beta of 1.07. The company’s 50-day simple moving average is $122.77 and its two-hundred day simple moving average is $124.16.

iShares MSCI Israel ETF Profile

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.