Horizon Kinetics Asset Management LLC Trims Holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Horizon Kinetics Asset Management LLC cut its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,295 shares of the company’s stock after selling 555 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in iShares Global Timber & Forestry ETF were worth $481,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter worth about $25,000. LRI Investments LLC bought a new position in iShares Global Timber & Forestry ETF in the 3rd quarter worth about $31,000. SBI Securities Co. Ltd. bought a new position in iShares Global Timber & Forestry ETF in the 4th quarter worth about $44,000. Larson Financial Group LLC boosted its stake in iShares Global Timber & Forestry ETF by 738.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock worth $138,000 after purchasing an additional 1,411 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in iShares Global Timber & Forestry ETF by 5.4% in the 3rd quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock worth $270,000 after purchasing an additional 161 shares in the last quarter.

iShares Global Timber & Forestry ETF Price Performance

Shares of iShares Global Timber & Forestry ETF stock opened at $78.64 on Tuesday. The stock has a market cap of $245.36 million, a price-to-earnings ratio of 17.28 and a beta of 1.08. The firm’s 50-day moving average is $78.56 and its 200 day moving average is $80.06. iShares Global Timber & Forestry ETF has a 1 year low of $74.66 and a 1 year high of $86.79.

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.