iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Shares Down 0.2% – What’s Next?

Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) fell 0.2% during mid-day trading on Tuesday . The stock traded as low as $67.03 and last traded at $67.18. 5,235 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 27,388 shares. The stock had previously closed at $67.30.

iShares Global Timber & Forestry ETF Stock Performance

The firm’s 50 day moving average is $67.10 and its 200-day moving average is $71.55. The company has a market cap of $246.93 million, a PE ratio of 16.65 and a beta of 0.75.

iShares Global Timber & Forestry ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.6286 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Trading of iShares Global Timber & Forestry ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC purchased a new stake in iShares Global Timber & Forestry ETF in the third quarter valued at approximately $2,595,000. Comprehensive Money Management Services LLC raised its position in shares of iShares Global Timber & Forestry ETF by 69.1% during the 4th quarter. Comprehensive Money Management Services LLC now owns 37,155 shares of the company’s stock worth $2,676,000 after acquiring an additional 15,180 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Global Timber & Forestry ETF by 506.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,086 shares of the company’s stock worth $153,000 after buying an additional 1,742 shares during the last quarter. Brookstone Capital Management lifted its position in iShares Global Timber & Forestry ETF by 8.5% in the fourth quarter. Brookstone Capital Management now owns 6,080 shares of the company’s stock valued at $438,000 after acquiring an additional 478 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of iShares Global Timber & Forestry ETF by 6.8% in the 1st quarter. Arkadios Wealth Advisors now owns 8,200 shares of the company’s stock valued at $582,000 after purchasing an additional 520 shares during the period.

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