4,104 Shares in Invesco MSCI Global Timber ETF (NYSEARCA:CUT) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in Invesco MSCI Global Timber ETF (NYSEARCA:CUT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,104 shares of the company’s stock, valued at approximately $128,000. International Assets Investment Management LLC owned about 0.22% of Invesco MSCI Global Timber ETF at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CUT. Willis Johnson & Associates Inc. bought a new position in Invesco MSCI Global Timber ETF in the 4th quarter valued at about $328,000. Oarsman Capital Inc. increased its stake in shares of Invesco MSCI Global Timber ETF by 5.3% during the third quarter. Oarsman Capital Inc. now owns 8,010 shares of the company’s stock valued at $241,000 after acquiring an additional 400 shares during the period. Finally, FAS Wealth Partners Inc. raised its holdings in Invesco MSCI Global Timber ETF by 2.4% during the fourth quarter. FAS Wealth Partners Inc. now owns 15,754 shares of the company’s stock worth $505,000 after purchasing an additional 373 shares in the last quarter.

Invesco MSCI Global Timber ETF Stock Performance

Shares of NYSEARCA CUT opened at $32.47 on Tuesday. Invesco MSCI Global Timber ETF has a 1 year low of $28.09 and a 1 year high of $34.20. The stock has a fifty day moving average price of $32.56 and a two-hundred day moving average price of $31.40. The firm has a market cap of $58.45 million, a P/E ratio of 9.92 and a beta of 1.02.

About Invesco MSCI Global Timber ETF

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.