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WOOD

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Ishares Global Timber & Forestry Etf

79.82
-1.00 (-1.24%)
Last Update: 06 Sep 2024 23:15:00
Yesterday: 80.82
Day's Range: 79.79 - 79.82
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When Written:
 
71.92
iShares Global Timber & Forestry ETF (WOOD) is an exchange-traded fund that invests in companies involved in the timber and forestry industry. The fund is managed by BlackRock and was launched in 2008.

The ETF tracks the S&P Global Timber & Forestry Index, which includes 25 companies from around the world involved in the forestry and timber industry. The companies included in the index are involved in various aspects of the industry, including forest products, paper and packaging, and agricultural products.

The ETF provides exposure to a diverse range of companies involved in the timber and forestry industry, which can provide investors with exposure to a variety of market sectors, including consumer goods, materials, and energy. Additionally, the fund may provide investors with exposure to sustainable and environmentally responsible investments.

The fund has an expense ratio of 0.46% and has over $1.9 billion in assets under management as of August 2021. The ETF can be bought and sold on major stock exchanges like any other stock and may be suitable for investors looking to diversify their portfolio with exposure to the timber and forestry industry.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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