iShares Global Timber & Forestry ETF $WOOD Stock Holdings Decreased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its stake in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 45.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,726 shares of the company’s stock after selling 78,507 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Global Timber & Forestry ETF were worth $6,800,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Advisory Services Network LLC bought a new stake in iShares Global Timber & Forestry ETF in the third quarter valued at about $29,000. Global Retirement Partners LLC lifted its holdings in iShares Global Timber & Forestry ETF by 27.1% during the 3rd quarter. Global Retirement Partners LLC now owns 1,742 shares of the company’s stock worth $128,000 after buying an additional 371 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Global Timber & Forestry ETF by 506.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,086 shares of the company’s stock worth $153,000 after acquiring an additional 1,742 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Global Timber & Forestry ETF by 10,636.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,684 shares of the company’s stock worth $202,000 after acquiring an additional 2,659 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in shares of iShares Global Timber & Forestry ETF by 16.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 3,866 shares of the company’s stock valued at $284,000 after acquiring an additional 553 shares during the last quarter.

iShares Global Timber & Forestry ETF Trading Down 0.4%

WOOD stock opened at $68.85 on Friday. The stock’s 50 day simple moving average is $75.54 and its 200 day simple moving average is $73.00. iShares Global Timber & Forestry ETF has a 12-month low of $66.25 and a 12-month high of $83.32. The firm has a market cap of $243.73 million, a P/E ratio of 16.65 and a beta of 0.92.

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.