iShares Global Timber & Forestry ETF $WOOD Shares Bought by 1832 Asset Management L.P.

1832 Asset Management L.P. raised its stake in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 12.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 289,265 shares of the company’s stock after purchasing an additional 31,746 shares during the quarter. 1832 Asset Management L.P. owned about 8.77% of iShares Global Timber & Forestry ETF worth $21,220,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in shares of iShares Global Timber & Forestry ETF by 11.6% during the 1st quarter. Cetera Investment Advisers now owns 3,130 shares of the company’s stock valued at $236,000 after acquiring an additional 325 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in iShares Global Timber & Forestry ETF in the second quarter valued at about $26,000. Wealthfront Advisers LLC lifted its stake in shares of iShares Global Timber & Forestry ETF by 12.4% during the second quarter. Wealthfront Advisers LLC now owns 3,313 shares of the company’s stock worth $243,000 after purchasing an additional 365 shares in the last quarter. Brookstone Capital Management lifted its stake in shares of iShares Global Timber & Forestry ETF by 9.9% during the second quarter. Brookstone Capital Management now owns 5,329 shares of the company’s stock worth $391,000 after purchasing an additional 480 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of iShares Global Timber & Forestry ETF by 12.3% in the second quarter. Arkadios Wealth Advisors now owns 6,398 shares of the company’s stock worth $469,000 after buying an additional 700 shares during the period.

iShares Global Timber & Forestry ETF Stock Performance

iShares Global Timber & Forestry ETF stock opened at $70.75 on Friday. The firm has a market capitalization of $229.23 million, a PE ratio of 16.65 and a beta of 0.92. iShares Global Timber & Forestry ETF has a one year low of $66.25 and a one year high of $82.00. The stock’s 50 day moving average price is $70.38 and its 200 day moving average price is $72.96.

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.