Lynx Investment Advisory Increases Stake in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Lynx Investment Advisory grew its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,022 shares of the company’s stock after acquiring an additional 656 shares during the quarter. iShares Global Timber & Forestry ETF comprises about 1.4% of Lynx Investment Advisory’s portfolio, making the stock its 20th largest position. Lynx Investment Advisory’s holdings in iShares Global Timber & Forestry ETF were worth $2,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of iShares Global Timber & Forestry ETF in the fourth quarter valued at $44,000. Brookstone Capital Management raised its stake in shares of iShares Global Timber & Forestry ETF by 14.4% in the fourth quarter. Brookstone Capital Management now owns 4,604 shares of the company’s stock valued at $351,000 after acquiring an additional 581 shares during the period. MML Investors Services LLC raised its stake in shares of iShares Global Timber & Forestry ETF by 5.4% in the third quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock valued at $270,000 after acquiring an additional 161 shares during the period. Larson Financial Group LLC raised its stake in shares of iShares Global Timber & Forestry ETF by 738.7% in the third quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock valued at $138,000 after acquiring an additional 1,411 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Timber & Forestry ETF in the third quarter valued at $380,000.

iShares Global Timber & Forestry ETF Trading Down 2.5 %

Shares of WOOD opened at $76.32 on Monday. iShares Global Timber & Forestry ETF has a twelve month low of $74.66 and a twelve month high of $86.79. The company has a market cap of $238.10 million, a P/E ratio of 17.28 and a beta of 1.08. The company’s fifty day simple moving average is $78.73 and its 200-day simple moving average is $79.96.

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.