Kohmann Bosshard Financial Services LLC Makes New $112,000 Investment in Invesco MSCI Global Timber ETF (NYSEARCA:CUT)

Kohmann Bosshard Financial Services LLC acquired a new position in shares of Invesco MSCI Global Timber ETF (NYSEARCA:CUT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,551 shares of the company’s stock, valued at approximately $112,000. Kohmann Bosshard Financial Services LLC owned about 0.22% of Invesco MSCI Global Timber ETF at the end of the most recent reporting period.

Separately, Valmark Advisers Inc. increased its holdings in Invesco MSCI Global Timber ETF by 4.6% during the fourth quarter. Valmark Advisers Inc. now owns 214,794 shares of the company’s stock worth $6,802,000 after buying an additional 9,457 shares during the last quarter.

Invesco MSCI Global Timber ETF Trading Up 0.3 %

NYSEARCA CUT opened at $32.21 on Monday. The firm’s fifty day moving average price is $32.37 and its two-hundred day moving average price is $33.63. Invesco MSCI Global Timber ETF has a 1 year low of $31.00 and a 1 year high of $35.86. The firm has a market capitalization of $49.93 million, a P/E ratio of 20.25 and a beta of 0.95.

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.