Stamos Capital Partners L.P. Decreases Stock Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Stamos Capital Partners L.P. cut its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOODFree Report) by 17.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,380 shares of the company’s stock after selling 700 shares during the period. Stamos Capital Partners L.P. owned about 0.13% of iShares Global Timber & Forestry ETF worth $275,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in WOOD. Simplex Trading LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter worth about $32,000. Millburn Ridgefield Corp bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter worth about $84,000. Endowment Wealth Management Inc. bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter worth about $202,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares Global Timber & Forestry ETF by 15.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,889 shares of the company’s stock worth $316,000 after buying an additional 528 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of iShares Global Timber & Forestry ETF by 50.8% in the 4th quarter. National Bank of Canada FI now owns 4,556 shares of the company’s stock worth $368,000 after buying an additional 1,534 shares during the last quarter.

iShares Global Timber & Forestry ETF Price Performance

Shares of iShares Global Timber & Forestry ETF stock traded down $1.15 during trading hours on Friday, reaching $81.12. The company’s stock had a trading volume of 4,154 shares, compared to its average volume of 12,530. The firm has a 50 day moving average price of $82.24 and a 200-day moving average price of $79.96. iShares Global Timber & Forestry ETF has a one year low of $69.22 and a one year high of $85.29. The stock has a market cap of $204.42 million, a P/E ratio of 6.98 and a beta of 1.08.

About iShares Global Timber & Forestry ETF

(Free Report)

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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Institutional Ownership by Quarter for iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

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