The Manufacturers Life Insurance Company Sells 4,550 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

The Manufacturers Life Insurance Company lowered its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 11.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,294 shares of the company’s stock after selling 4,550 shares during the quarter. The Manufacturers Life Insurance Company owned 1.59% of iShares Global Timber & Forestry ETF worth $3,127,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of WOOD. International Assets Investment Management LLC acquired a new position in shares of iShares Global Timber & Forestry ETF in the 2nd quarter valued at $26,000. Quent Capital LLC acquired a new position in iShares Global Timber & Forestry ETF in the third quarter valued at about $39,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Global Timber & Forestry ETF by 16.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock worth $77,000 after acquiring an additional 128 shares in the last quarter. Larson Financial Group LLC increased its holdings 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 worth $138,000 after acquiring an additional 1,411 shares in the last quarter. Finally, Rather & Kittrell Inc. acquired a new stake in shares of iShares Global Timber & Forestry ETF during the third quarter worth about $210,000.

iShares Global Timber & Forestry ETF Stock Performance

Shares of WOOD opened at $80.88 on Friday. The stock has a 50 day simple moving average of $81.51 and a 200 day simple moving average of $80.91. iShares Global Timber & Forestry ETF has a 52-week low of $73.83 and a 52-week high of $86.79. The firm has a market capitalization of $184.41 million, a PE ratio of 6.98 and a beta of 1.08.

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.