Raymond James Financial Services Advisors Inc. Boosts Stock Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 15.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,889 shares of the company’s stock after purchasing an additional 528 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares Global Timber & Forestry ETF were worth $316,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. 1832 Asset Management L.P. bought a new stake in iShares Global Timber & Forestry ETF in the first quarter worth $21,512,000. Bank of America Corp DE increased its holdings in shares of iShares Global Timber & Forestry ETF by 18.6% in the first quarter. Bank of America Corp DE now owns 221,448 shares of the company’s stock worth $19,781,000 after buying an additional 34,804 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares Global Timber & Forestry ETF by 148.9% in the 2nd quarter. Jane Street Group LLC now owns 144,321 shares of the company’s stock valued at $10,739,000 after acquiring an additional 86,334 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Global Timber & Forestry ETF by 6.1% during the 2nd quarter. LPL Financial LLC now owns 30,247 shares of the company’s stock valued at $2,251,000 after acquiring an additional 1,732 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in iShares Global Timber & Forestry ETF by 1.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 22,317 shares of the company’s stock worth $1,598,000 after acquiring an additional 378 shares during the last quarter.

iShares Global Timber & Forestry ETF Price Performance

Shares of iShares Global Timber & Forestry ETF stock opened at $79.45 on Monday. iShares Global Timber & Forestry ETF has a one year low of $68.91 and a one year high of $84.93. The business’s 50 day simple moving average is $80.48 and its two-hundred day simple moving average is $77.79. The stock has a market capitalization of $200.21 million, a P/E ratio of 7.09 and a beta of 1.08.

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.