Cardiff Park Advisors LLC Takes Position in Invesco MSCI Global Timber ETF $CUT

Cardiff Park Advisors LLC bought a new stake in shares of Invesco MSCI Global Timber ETF (NYSEARCA:CUT) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,238 shares of the company’s stock, valued at approximately $523,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kestra Advisory Services LLC boosted its holdings in Invesco MSCI Global Timber ETF by 7.2% in the first quarter. Kestra Advisory Services LLC now owns 8,273 shares of the company’s stock valued at $237,000 after acquiring an additional 555 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Invesco MSCI Global Timber ETF in the 4th quarter worth $35,000. Susquehanna International Group LLP raised its holdings in Invesco MSCI Global Timber ETF by 2.2% in the 3rd quarter. Susquehanna International Group LLP now owns 61,330 shares of the company’s stock worth $1,813,000 after purchasing an additional 1,293 shares in the last quarter. Royal Bank of Canada bought a new position in Invesco MSCI Global Timber ETF in the 4th quarter worth $60,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco MSCI Global Timber ETF in the 2nd quarter worth about $80,000.

Invesco MSCI Global Timber ETF Stock Performance

Shares of CUT opened at $28.99 on Monday. The firm’s 50-day moving average price is $27.74 and its 200-day moving average price is $28.93. The firm has a market capitalization of $31.89 million, a price-to-earnings ratio of 17.08 and a beta of 0.74. Invesco MSCI Global Timber ETF has a 1-year low of $26.30 and a 1-year high of $32.95.

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.