Cardiff Park Advisors LLC Makes New Investment in Invesco MSCI Global Timber ETF $CUT

Cardiff Park Advisors LLC purchased a new stake in Invesco MSCI Global Timber ETF (NYSEARCA:CUT) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 18,238 shares of the company’s stock, valued at approximately $523,000. Cardiff Park Advisors LLC owned approximately 1.66% of Invesco MSCI Global Timber ETF as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Kestra Advisory Services LLC increased its position in shares of 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 worth $237,000 after purchasing an additional 555 shares during the last quarter. Royal Bank of Canada bought a new stake in Invesco MSCI Global Timber ETF during the fourth quarter valued at approximately $60,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco MSCI Global Timber ETF by 23,282.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 52,611 shares of the company’s stock worth $1,529,000 after buying an additional 52,386 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Invesco MSCI Global Timber ETF in the 4th quarter worth approximately $35,000. Finally, Susquehanna International Group LLP increased its holdings in shares of 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 buying an additional 1,293 shares during the last quarter.

Invesco MSCI Global Timber ETF Stock Performance

Invesco MSCI Global Timber ETF stock opened at $28.99 on Monday. The firm’s fifty day moving average price is $27.74 and its 200-day moving average price is $28.93. The stock has a market cap of $31.89 million, a P/E ratio of 17.08 and a beta of 0.74. Invesco MSCI Global Timber ETF has a fifty-two week low of $26.30 and a fifty-two week high of $32.95.

Invesco MSCI Global Timber ETF 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.