Envestnet Asset Management Inc. Sells 2,169 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Envestnet Asset Management Inc. decreased its stake in iShares Global Timber & Forestry ETF (NASDAQ:WOODGet Rating) by 9.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,756 shares of the company’s stock after selling 2,169 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Global Timber & Forestry ETF were worth $1,619,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. US Bancorp DE purchased a new position in shares of iShares Global Timber & Forestry ETF in the first quarter worth about $66,000. Tompkins Financial Corp purchased a new position in shares of iShares Global Timber & Forestry ETF in the first quarter worth about $67,000. Wealthfront Advisers LLC purchased a new position in shares of iShares Global Timber & Forestry ETF in the first quarter worth about $202,000. Orion Portfolio Solutions LLC purchased a new position in shares of iShares Global Timber & Forestry ETF in the second quarter worth about $220,000. Finally, Simplex Trading LLC purchased a new position in shares of iShares Global Timber & Forestry ETF in the first quarter worth about $222,000.

iShares Global Timber & Forestry ETF Trading Up 0.4 %

WOOD opened at $75.43 on Monday. The firm has a 50-day moving average price of $70.40 and a 200-day moving average price of $76.42. iShares Global Timber & Forestry ETF has a twelve month low of $63.78 and a twelve month high of $95.27.

About iShares Global Timber & Forestry ETF

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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.

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Institutional Ownership by Quarter for iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

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