DAVENPORT & Co LLC Buys Shares of 11,600 iShares MSCI Israel ETF $EIS

DAVENPORT & Co LLC purchased a new position in shares of iShares MSCI Israel ETF (NYSEARCA:EIS) during the 3rd quarter, HoldingsChannel reports. The firm purchased 11,600 shares of the company’s stock, valued at approximately $1,163,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlueCrest Capital Management Ltd bought a new stake in iShares MSCI Israel ETF in the second quarter worth $1,139,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares MSCI Israel ETF by 25.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,033 shares of the company’s stock worth $585,000 after buying an additional 1,234 shares during the last quarter. Allworth Financial LP boosted its stake in shares of iShares MSCI Israel ETF by 133.0% during the 2nd quarter. Allworth Financial LP now owns 953 shares of the company’s stock worth $90,000 after acquiring an additional 544 shares in the last quarter. Bernard Wealth Management Corp. increased its holdings in shares of iShares MSCI Israel ETF by 30.0% during the 2nd quarter. Bernard Wealth Management Corp. now owns 1,599 shares of the company’s stock valued at $152,000 after acquiring an additional 369 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of iShares MSCI Israel ETF in the 2nd quarter valued at approximately $268,000.

iShares MSCI Israel ETF Stock Performance

EIS opened at $109.70 on Monday. The business has a 50 day moving average price of $105.23 and a 200 day moving average price of $98.04. iShares MSCI Israel ETF has a twelve month low of $67.96 and a twelve month high of $112.47. The firm has a market cap of $537.53 million, a P/E ratio of 13.79 and a beta of 1.03.

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.