Matrix Trust Co Sells 263 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Matrix Trust Co lowered its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 5.5% during the 4th quarter, HoldingsChannel reports. The firm owned 4,489 shares of the company’s stock after selling 263 shares during the period. Matrix Trust Co’s holdings in iShares Global Timber & Forestry ETF were worth $365,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WOOD. Simplex Trading LLC bought a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at approximately $32,000. National Bank of Canada FI bought a new position in shares of iShares Global Timber & Forestry ETF during the third quarter valued at approximately $219,000. Wealthfront Advisers LLC increased its stake in shares of iShares Global Timber & Forestry ETF by 15.4% during the third quarter. Wealthfront Advisers LLC now owns 3,905 shares of the company’s stock valued at $289,000 after purchasing an additional 521 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares Global Timber & Forestry ETF by 15.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,889 shares of the company’s stock valued at $316,000 after purchasing an additional 528 shares in the last quarter. Finally, TIAA Trust National Association bought a new position in shares of iShares Global Timber & Forestry ETF during the third quarter valued at approximately $367,000.

iShares Global Timber & Forestry ETF Stock Down 0.4 %

Shares of NASDAQ WOOD traded down $0.30 on Friday, reaching $79.11. 17,732 shares of the company’s stock traded hands, compared to its average volume of 14,056. iShares Global Timber & Forestry ETF has a 12 month low of $68.91 and a 12 month high of $84.93. The business’s 50 day simple moving average is $80.86 and its two-hundred day simple moving average is $77.95. The company has a market cap of $199.36 million, a price-to-earnings ratio of 7.09 and a beta of 1.08.

About iShares Global Timber & Forestry ETF

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands.