Independent Family Office LLC Sells 2,700 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Independent Family Office LLC lowered its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 35.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,000 shares of the company’s stock after selling 2,700 shares during the quarter. Independent Family Office LLC’s holdings in iShares Global Timber & Forestry ETF were worth $382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Endowment Wealth Management Inc. increased its stake in shares of iShares Global Timber & Forestry ETF by 2.2% in the fourth quarter. Endowment Wealth Management Inc. now owns 6,292 shares of the company’s stock valued at $480,000 after buying an additional 134 shares during the period. MML Investors Services LLC increased its position in iShares Global Timber & Forestry ETF by 5.4% during the 3rd quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock valued at $270,000 after purchasing an additional 161 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Global Timber & Forestry ETF during the 4th quarter valued at approximately $25,000. LRI Investments LLC acquired a new stake in iShares Global Timber & Forestry ETF during the 3rd quarter valued at approximately $31,000. Finally, SBI Securities Co. Ltd. acquired a new stake in iShares Global Timber & Forestry ETF during the 4th quarter valued at approximately $44,000.

iShares Global Timber & Forestry ETF Stock Performance

iShares Global Timber & Forestry ETF stock opened at $78.64 on Tuesday. The stock has a market capitalization of $245.36 million, a price-to-earnings ratio of 17.28 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 52-week low of $74.66 and a 52-week high of $86.79. The stock’s 50 day moving average price is $78.56 and its two-hundred day moving average price is $80.06.

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.