Israeli and foreign funds’ aggregate investment is NIS 1.23 billion.
330 Israeli mutual funds are invested in Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA), up from 267 funds in December 2006. The funds’ aggregate investment is NIS 822.5 million, according to Funder.
161 foreign mutual funds are also invested in Teva, owning an aggregate NIS 413 million. Israeli and foreign funds’ aggregate investment in Teva is NIS 1.23 billion.
The second most popular stock is Bank Leumi (TASE: LUMI): 273 Israeli mutual funds own the bank’s stock, up from 269 a month ago, worth an aggregate NIS 649 million.
The third most popular stock is Bank Hapoalim (LSE: BKHD; TASE: POLI): 254 Israeli mutual funds own the bank’s stock, worth an aggregate NIS 618 million.
Published by Globes [online], Israel business news - www.globes.co.il - on March 20, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007