Horizon Kinetics Asset Management LLC Sells 135 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Horizon Kinetics Asset Management LLC trimmed its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 1.9% in the third quarter, Holdings Channel reports. The fund owned 6,850 shares of the company’s stock after selling 135 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in iShares Global Timber & Forestry ETF were worth $590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of WOOD. International Assets Investment Management LLC bought a new stake in iShares Global Timber & Forestry ETF during the 2nd quarter valued at approximately $26,000. Quent Capital LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the third quarter valued at approximately $39,000. Creative Financial Designs Inc. ADV grew its stake in shares of iShares Global Timber & Forestry ETF by 16.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock worth $77,000 after acquiring an additional 128 shares during the last quarter. Matrix Trust Co bought a new position in iShares Global Timber & Forestry ETF during the second quarter worth $101,000. Finally, Larson Financial Group LLC increased its position in iShares Global Timber & Forestry ETF by 738.7% during the third quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock worth $138,000 after acquiring an additional 1,411 shares during the period.

iShares Global Timber & Forestry ETF Price Performance

Shares of iShares Global Timber & Forestry ETF stock opened at $81.92 on Tuesday. The company has a market cap of $186.78 million, a PE ratio of 6.98 and a beta of 1.08. The firm has a fifty day moving average price of $82.18 and a two-hundred day moving average price of $81.08. iShares Global Timber & Forestry ETF has a fifty-two week low of $73.83 and a fifty-two week high of $86.79.

iShares Global Timber & Forestry ETF Company 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.