U S Global Investors Inc. acquired a new position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD – Free Report) during the 1st quarter, Holdings Channel reports. The fund acquired 354 shares of the company’s stock, valued at approximately $30,000.
Several other hedge funds and other institutional investors have also bought and sold shares of WOOD. Simplex Trading LLC bought a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth approximately $32,000. Millburn Ridgefield Corp bought a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth approximately $84,000. Endowment Wealth Management Inc. bought a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth approximately $202,000. Cullen Capital Management LLC bought a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth approximately $203,000. Finally, Wealthfront Advisers LLC lifted its stake in iShares Global Timber & Forestry ETF by 15.4% in the third quarter. Wealthfront Advisers LLC now owns 3,905 shares of the company’s stock valued at $289,000 after buying an additional 521 shares in the last quarter.
iShares Global Timber & Forestry ETF Price Performance
WOOD traded up $0.47 during trading on Monday, reaching $84.90. The company had a trading volume of 10,320 shares, compared to its average volume of 13,213. iShares Global Timber & Forestry ETF has a 12 month low of $69.01 and a 12 month high of $85.26. The business’s fifty day moving average price is $82.03 and its 200 day moving average price is $79.15. The company has a market cap of $213.95 million, a P/E ratio of 6.98 and a beta of 1.08.
iShares Global Timber & Forestry ETF Profile
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.
Read More
- Five stocks we like better than iShares Global Timber & Forestry ETF
- Stock Market Sectors: What Are They and How Many Are There?
- Nasdaq vs. S&P: A Detailed Breakdown of Stock Indexes
- Buy P&G Now, Before It Sets A New All-Time High
- Insider Trading is Good News for These Stocks
- The Most Important Warren Buffett Stock for Investors: His Own
- Bill Ackman Reduced Chipotle Stock, Fundamentals Still Sound
Want to see what other hedge funds are holding WOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Timber & Forestry ETF (NASDAQ:WOOD – Free Report).
Receive News & Ratings for iShares Global Timber & Forestry ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Timber & Forestry ETF and related companies with MarketBeat.com's FREE daily email newsletter.
