Millburn Ridgefield Corp Makes New $84,000 Investment in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Millburn Ridgefield Corp acquired a new stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,030 shares of the company’s stock, valued at approximately $84,000.

A number of other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in iShares Global Timber & Forestry ETF in the 4th quarter worth approximately $2,192,000. Alhambra Investment Management LLC lifted its position in shares of iShares Global Timber & Forestry ETF by 20.1% in the 4th quarter. Alhambra Investment Management LLC now owns 24,889 shares of the company’s stock worth $2,023,000 after purchasing an additional 4,171 shares during the period. Truist Financial Corp boosted its stake in shares of iShares Global Timber & Forestry ETF by 1.8% during the 4th quarter. Truist Financial Corp now owns 20,989 shares of the company’s stock valued at $1,706,000 after purchasing an additional 362 shares in the last quarter. Advisor Resource Council purchased a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at about $806,000. Finally, Barometer Capital Management Inc. bought a new position in iShares Global Timber & Forestry ETF in the third quarter worth about $466,000.

iShares Global Timber & Forestry ETF Stock Up 0.2 %

Shares of NASDAQ:WOOD traded up $0.17 during trading on Friday, hitting $81.90. The stock had a trading volume of 8,577 shares, compared to its average volume of 13,836. The company has a market capitalization of $206.39 million, a PE ratio of 6.98 and a beta of 1.08. The firm’s fifty day moving average is $81.21 and its 200 day moving average is $78.20. iShares Global Timber & Forestry ETF has a 12 month low of $69.01 and a 12 month high of $84.93.

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.