Prospera Financial Services Inc trimmed its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD – Free Report) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,880 shares of the company’s stock after selling 384 shares during the quarter. Prospera Financial Services Inc owned 0.17% of iShares Global Timber & Forestry ETF worth $334,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its stake in shares of iShares Global Timber & Forestry ETF by 16.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock valued at $77,000 after buying an additional 128 shares in the last quarter. Brookstone Capital Management raised its position in iShares Global Timber & Forestry ETF by 6.9% in the third quarter. Brookstone Capital Management now owns 4,023 shares of the company’s stock worth $347,000 after purchasing an additional 261 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares Global Timber & Forestry ETF during the second quarter worth about $26,000. Quent Capital LLC acquired a new stake in iShares Global Timber & Forestry ETF during the third quarter valued at approximately $39,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares Global Timber & Forestry ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,675 shares of the company’s stock valued at $2,561,000 after purchasing an additional 518 shares during the period.
iShares Global Timber & Forestry ETF Price Performance
iShares Global Timber & Forestry ETF stock opened at $80.30 on Monday. The business has a 50 day simple moving average of $82.21 and a 200 day simple moving average of $81.10. The company has a market capitalization of $183.08 million, a PE ratio of 6.98 and a beta of 1.08. iShares Global Timber & Forestry ETF has a one year low of $73.83 and a one year high of $86.79.
iShares Global Timber & Forestry ETF Company 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.
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