BlueCrest Capital Management Ltd Makes New $1.14 Million Investment in iShares MSCI Israel ETF $EIS

BlueCrest Capital Management Ltd purchased a new position in iShares MSCI Israel ETF (NYSEARCA:EIS) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 12,000 shares of the company’s stock, valued at approximately $1,139,000. BlueCrest Capital Management Ltd owned 0.31% of iShares MSCI Israel ETF as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its stake 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 acquiring an additional 1,234 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares MSCI Israel ETF by 33.9% in the first quarter. Cetera Investment Advisers now owns 7,222 shares of the company’s stock valued at $537,000 after buying an additional 1,827 shares during the period. Allworth Financial LP lifted its position in iShares MSCI Israel ETF by 133.0% during the second quarter. Allworth Financial LP now owns 953 shares of the company’s stock worth $90,000 after acquiring an additional 544 shares during the last quarter. Bernard Wealth Management Corp. grew its position 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 worth $152,000 after purchasing an additional 369 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in iShares MSCI Israel ETF in the 2nd quarter valued at about $268,000.

iShares MSCI Israel ETF Price Performance

EIS stock opened at $110.58 on Friday. The company has a 50 day simple moving average of $103.12 and a 200 day simple moving average of $96.11. The stock has a market cap of $541.84 million, a price-to-earnings ratio of 13.79 and a beta of 1.03. iShares MSCI Israel ETF has a 1 year low of $67.96 and a 1 year high of $111.97.

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.