National Bank of Canada FI Trims Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

National Bank of Canada FI lowered its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 20.1% during the second quarter, Holdings Channel reports. The fund owned 770 shares of the company’s stock after selling 194 shares during the quarter. National Bank of Canada FI’s holdings in iShares Global Timber & Forestry ETF were worth $60,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WOOD. International Assets Investment Management LLC acquired a new position in shares of iShares Global Timber & Forestry ETF during the 2nd quarter valued at about $26,000. U S Global Investors Inc. acquired a new position in iShares Global Timber & Forestry ETF during the first quarter worth approximately $30,000. Quent Capital LLC purchased a new position in iShares Global Timber & Forestry ETF during the first quarter worth approximately $38,000. Matrix Trust Co purchased a new position in iShares Global Timber & Forestry ETF during the second quarter worth approximately $101,000. Finally, Cullen Capital Management LLC acquired a new position in shares of iShares Global Timber & Forestry ETF in the 4th quarter valued at $203,000.

iShares Global Timber & Forestry ETF Stock Up 1.2 %

Shares of NASDAQ WOOD opened at $82.82 on Friday. The stock has a market capitalization of $193.80 million, a PE ratio of 6.98 and a beta of 1.08. The firm has a fifty day moving average of $79.92 and a 200-day moving average of $80.82. iShares Global Timber & Forestry ETF has a 52-week low of $69.22 and a 52-week high of $85.29.

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.