Mirae Asset Global Investments Co. Ltd. Has $3.02 Million Stock Holdings in iShares MSCI Israel ETF (NYSEARCA:EIS)

Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares MSCI Israel ETF (NYSEARCA:EIS) by 303.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,390 shares of the company’s stock after purchasing an additional 30,390 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 1.26% of iShares MSCI Israel ETF worth $3,019,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Main Management LLC grew its stake in iShares MSCI Israel ETF by 90.4% during the fourth quarter. Main Management LLC now owns 1,009 shares of the company’s stock worth $78,000 after buying an additional 479 shares during the last quarter. Bernard Wealth Management Corp. bought a new stake in iShares MSCI Israel ETF during the 4th quarter worth approximately $95,000. Jones Financial Companies Lllp raised its position in iShares MSCI Israel ETF by 333.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,973 shares of the company’s stock valued at $152,000 after purchasing an additional 1,518 shares during the last quarter. Perennial Investment Advisors LLC acquired a new position in iShares MSCI Israel ETF in the fourth quarter worth $209,000. Finally, Family Firm Inc. acquired a new stake in shares of iShares MSCI Israel ETF in the fourth quarter valued at $252,000.

iShares MSCI Israel ETF Trading Up 1.9%

Shares of EIS stock opened at $95.09 on Thursday. The firm’s 50 day moving average is $84.56 and its 200-day moving average is $80.16. iShares MSCI Israel ETF has a 1 year low of $57.20 and a 1 year high of $95.30. The firm has a market capitalization of $323.31 million, a price-to-earnings ratio of 13.79 and a beta of 1.01.

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.