Wealth Enhancement Advisory Services LLC Trims Stock Position in iShares Global Timber & Forestry ETF $WOOD

Wealth Enhancement Advisory Services LLC decreased its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 45.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,726 shares of the company’s stock after selling 78,507 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.86% of iShares Global Timber & Forestry ETF worth $6,800,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Advisory Services Network LLC purchased a new position in shares of iShares Global Timber & Forestry ETF during the 3rd quarter worth about $29,000. Global Retirement Partners LLC increased its position in iShares Global Timber & Forestry ETF by 27.1% during the third quarter. Global Retirement Partners LLC now owns 1,742 shares of the company’s stock worth $128,000 after purchasing an additional 371 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Global Timber & Forestry ETF by 506.4% during the third quarter. JPMorgan Chase & Co. now owns 2,086 shares of the company’s stock worth $153,000 after purchasing an additional 1,742 shares during the last quarter. Jones Financial Companies Lllp raised its stake in iShares Global Timber & Forestry ETF by 10,636.0% during the first quarter. Jones Financial Companies Lllp now owns 2,684 shares of the company’s stock worth $202,000 after purchasing an additional 2,659 shares during the period. Finally, Wealthfront Advisers LLC raised its stake in iShares Global Timber & Forestry ETF by 16.7% during the third quarter. Wealthfront Advisers LLC now owns 3,866 shares of the company’s stock worth $284,000 after purchasing an additional 553 shares during the period.

iShares Global Timber & Forestry ETF Stock Down 0.4%

Shares of WOOD opened at $68.85 on Friday. iShares Global Timber & Forestry ETF has a fifty-two week low of $66.25 and a fifty-two week high of $83.32. The company’s fifty day moving average is $75.54 and its two-hundred day moving average is $73.00. The firm has a market cap of $243.73 million, a PE ratio of 16.65 and a beta of 0.92.

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. These include forest products companies, timber real estate investment trusts (REITs), paper products companies, paper packaging companies and agricultural products companies.