HighTower Advisors LLC Purchases 7,957 Shares of iShares MSCI Israel ETF $EIS

HighTower Advisors LLC grew its position in iShares MSCI Israel ETF (NYSEARCA:EIS) by 122.6% in the third quarter, Holdings Channel.com reports. The fund owned 14,449 shares of the company’s stock after buying an additional 7,957 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Israel ETF were worth $1,449,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in iShares MSCI Israel ETF in the 3rd quarter valued at $25,000. Wealthfront Advisers LLC boosted its position in shares of iShares MSCI Israel ETF by 15.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 5,995 shares of the company’s stock valued at $601,000 after acquiring an additional 823 shares in the last quarter. Jones Financial Companies Lllp increased its stake in iShares MSCI Israel ETF by 8.8% in the third quarter. Jones Financial Companies Lllp now owns 2,846 shares of the company’s stock valued at $269,000 after acquiring an additional 231 shares during the period. Cloud Capital Management LLC bought a new stake in iShares MSCI Israel ETF in the third quarter valued at about $52,000. Finally, Activest Wealth Management acquired a new position in iShares MSCI Israel ETF in the third quarter worth about $63,000.

iShares MSCI Israel ETF Stock Down 0.0%

Shares of EIS opened at $118.78 on Monday. The company has a 50-day moving average price of $118.14 and a two-hundred day moving average price of $106.51. The stock has a market cap of $766.13 million, a price-to-earnings ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a 12 month low of $67.96 and a 12 month high of $124.53.

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.