Jane Street Group LLC Increases Stock Position in Invesco MSCI Global Timber ETF (NYSEARCA:CUT)

Jane Street Group LLC raised its position in shares of Invesco MSCI Global Timber ETF (NYSEARCA:CUT) by 302.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,241 shares of the company’s stock after buying an additional 33,260 shares during the period. Jane Street Group LLC owned about 2.77% of Invesco MSCI Global Timber ETF worth $1,401,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its position in shares of Invesco MSCI Global Timber ETF by 4.6% in the 4th quarter. Valmark Advisers Inc. now owns 214,794 shares of the company’s stock worth $6,802,000 after purchasing an additional 9,457 shares during the period. McGrath & Associates Inc. purchased a new stake in shares of Invesco MSCI Global Timber ETF in the 4th quarter worth about $652,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco MSCI Global Timber ETF in the 4th quarter worth about $112,000. Finally, Susquehanna International Group LLP lifted its position in shares of Invesco MSCI Global Timber ETF by 68.4% in the 4th quarter. Susquehanna International Group LLP now owns 49,161 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,960 shares during the period.

Invesco MSCI Global Timber ETF Trading Up 1.2%

NYSEARCA:CUT opened at $31.13 on Tuesday. The company has a 50-day moving average price of $30.01 and a 200-day moving average price of $31.95. Invesco MSCI Global Timber ETF has a 12 month low of $27.12 and a 12 month high of $35.86. The stock has a market cap of $48.25 million, a price-to-earnings ratio of 18.45 and a beta of 0.93.

Invesco MSCI Global Timber ETF Company Profile

Guggenheim Timber ETF (the Fund), formerly Claymore/Beacon Global Timber Index ETF, seeks investment results that correspond to the performance of an equity index called the Beacon Global Timber Index (the Index). All stocks in the Index are selected from the universe of global timber companies. Beacon Indexes LLC (Beacon or the Index Provider) defines global timber companies as firms who own or lease forested land and harvest the timber from such forested land for commercial use and sale of wood-based products, including lumber, pulp or other processed or finished goods, such as paper and packaging.