Matrix Trust Co Has $365,000 Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Matrix Trust Co lowered its stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,489 shares of the company’s stock after selling 263 shares during the quarter. Matrix Trust Co owned about 0.17% of iShares Global Timber & Forestry ETF worth $365,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Truist Financial Corp boosted its holdings in shares of iShares Global Timber & Forestry ETF by 1.8% in the 4th quarter. Truist Financial Corp now owns 20,989 shares of the company’s stock valued at $1,706,000 after purchasing an additional 362 shares in the last quarter. Simplex Trading LLC acquired a new stake in shares of iShares Global Timber & Forestry ETF during the 4th quarter valued at $32,000. Wealthfront Advisers LLC boosted its holdings in shares of iShares Global Timber & Forestry ETF by 15.4% during the 3rd quarter. Wealthfront Advisers LLC now owns 3,905 shares of the company’s stock valued at $289,000 after acquiring an additional 521 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of iShares Global Timber & Forestry ETF by 15.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,889 shares of the company’s stock valued at $316,000 after acquiring an additional 528 shares in the last quarter. Finally, National Bank of Canada FI acquired a new stake in shares of iShares Global Timber & Forestry ETF during the 3rd quarter valued at $219,000.

iShares Global Timber & Forestry ETF Price Performance

Shares of NASDAQ WOOD traded down $0.30 during mid-day trading on Friday, hitting $79.11. 17,732 shares of the stock traded hands, compared to its average volume of 14,056. iShares Global Timber & Forestry ETF has a twelve month low of $68.91 and a twelve month high of $84.93. The company has a market cap of $199.36 million, a PE ratio of 7.09 and a beta of 1.08. The firm has a 50 day simple moving average of $80.86 and a two-hundred day simple moving average of $77.95.

iShares Global Timber & Forestry ETF Company 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.