1832 Asset Management L.P. Increases Stock Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

1832 Asset Management L.P. boosted its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,221 shares of the company’s stock after purchasing an additional 6,268 shares during the period. 1832 Asset Management L.P. owned approximately 10.69% of iShares Global Timber & Forestry ETF worth $19,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cullen Capital Management LLC acquired a new stake in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at about $203,000. Barometer Capital Management Inc. grew its stake in iShares Global Timber & Forestry ETF by 3.2% during the 4th quarter. Barometer Capital Management Inc. now owns 6,500 shares of the company’s stock valued at $528,000 after purchasing an additional 200 shares in the last quarter. Quent Capital LLC purchased a new stake in iShares Global Timber & Forestry ETF during the 1st quarter worth approximately $38,000. Endowment Wealth Management Inc. increased its holdings in iShares Global Timber & Forestry ETF by 151.5% during the 1st quarter. Endowment Wealth Management Inc. now owns 6,257 shares of the company’s stock worth $528,000 after purchasing an additional 3,769 shares during the last quarter. Finally, Stamos Capital Partners L.P. raised its position in shares of iShares Global Timber & Forestry ETF by 6.2% in the 1st quarter. Stamos Capital Partners L.P. now owns 3,590 shares of the company’s stock valued at $303,000 after purchasing an additional 210 shares in the last quarter.

iShares Global Timber & Forestry ETF Trading Up 0.0 %

iShares Global Timber & Forestry ETF stock opened at $83.68 on Tuesday. The stock has a 50 day moving average of $80.58 and a 200-day moving average of $81.01. The stock has a market cap of $195.81 million, a P/E ratio of 6.98 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 52 week low of $69.22 and a 52 week high of $85.40.

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.