Contravisory Investment Management Inc. Purchases New Holdings in iShares MSCI Israel ETF $EIS

Contravisory Investment Management Inc. purchased a new stake in iShares MSCI Israel ETF (NYSEARCA:EIS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,777 shares of the company’s stock, valued at approximately $1,296,000. Contravisory Investment Management Inc. owned approximately 0.21% of iShares MSCI Israel ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC increased its holdings in iShares MSCI Israel ETF by 36,455.5% during the third quarter. CoreCap Advisors LLC now owns 46,791 shares of the company’s stock worth $4,693,000 after buying an additional 46,663 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new stake in iShares MSCI Israel ETF in the second quarter valued at $1,139,000. DAVENPORT & Co LLC bought a new position in shares of iShares MSCI Israel ETF in the 3rd quarter valued at about $1,163,000. HighTower Advisors LLC increased its stake in shares of iShares MSCI Israel ETF by 122.6% during the 3rd quarter. HighTower Advisors LLC now owns 14,449 shares of the company’s stock worth $1,449,000 after purchasing an additional 7,957 shares during the last quarter. Finally, Marvin & Palmer Associates Inc. bought a new stake in shares of iShares MSCI Israel ETF in the 3rd quarter valued at about $2,402,000.

iShares MSCI Israel ETF Stock Performance

Shares of NYSEARCA:EIS opened at $120.51 on Tuesday. iShares MSCI Israel ETF has a 52-week low of $67.96 and a 52-week high of $127.14. The company has a market capitalization of $777.29 million, a P/E ratio of 13.79 and a beta of 1.03. The company has a 50-day simple moving average of $120.99 and a 200 day simple moving average of $109.81.

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.