Bank of America Corp DE Sells 3,302 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Bank of America Corp DE cut its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,578 shares of the company’s stock after selling 3,302 shares during the period. Bank of America Corp DE owned about 3.26% of iShares Global Timber & Forestry ETF worth $7,754,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Jane Street Group LLC lifted its holdings in iShares Global Timber & Forestry ETF by 212.6% during the 4th quarter. Jane Street Group LLC now owns 35,759 shares of the company’s stock worth $2,730,000 after purchasing an additional 24,321 shares in the last quarter. Transce3nd LLC bought a new position in iShares Global Timber & Forestry ETF in the fourth quarter worth about $26,000. Generation Capital Management LLC bought a new position in shares of iShares Global Timber & Forestry ETF in the 4th quarter worth about $382,000. Stamos Capital Partners L.P. grew its stake in shares of iShares Global Timber & Forestry ETF by 76.5% in the fourth quarter. Stamos Capital Partners L.P. now owns 6,530 shares of the company’s stock worth $498,000 after acquiring an additional 2,830 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares Global Timber & Forestry ETF in the 4th quarter worth approximately $481,000.

iShares Global Timber & Forestry ETF Stock Down 0.3%

Shares of WOOD stock opened at $74.27 on Monday. The firm has a market capitalization of $204.99 million, a PE ratio of 14.66 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 52 week low of $66.25 and a 52 week high of $86.79. The company has a 50 day moving average price of $73.13 and a 200-day moving average price of $76.75.

iShares Global Timber & Forestry ETF 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.