Marvin & Palmer Associates Inc. Purchases New Holdings in iShares MSCI Israel ETF $EIS

Marvin & Palmer Associates Inc. acquired a new position in iShares MSCI Israel ETF (NYSEARCA:EIS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 23,443 shares of the company’s stock, valued at approximately $2,402,000. iShares MSCI Israel ETF comprises about 2.1% of Marvin & Palmer Associates Inc.’s holdings, making the stock its 20th largest holding. Marvin & Palmer Associates Inc. owned about 0.48% of iShares MSCI Israel ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in iShares MSCI Israel ETF during the third quarter worth $25,000. Princeton Global Asset Management LLC raised its holdings in shares of iShares MSCI Israel ETF by 49.8% during the 3rd quarter. Princeton Global Asset Management LLC now owns 301 shares of the company’s stock worth $30,000 after acquiring an additional 100 shares during the period. AlphaCore Capital LLC purchased a new position in shares of iShares MSCI Israel ETF during the 3rd quarter worth $40,000. Cloud Capital Management LLC acquired a new position in shares of iShares MSCI Israel ETF during the 3rd quarter valued at about $52,000. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares MSCI Israel ETF by 21.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 572 shares of the company’s stock valued at $57,000 after acquiring an additional 102 shares during the last quarter.

iShares MSCI Israel ETF Trading Down 0.1%

Shares of EIS opened at $125.71 on Friday. iShares MSCI Israel ETF has a 12-month low of $67.96 and a 12-month high of $127.14. The firm has a market capitalization of $810.83 million, a P/E ratio of 13.79 and a beta of 1.03. The firm has a 50-day moving average price of $119.49 and a 200 day moving average price of $107.60.

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.