Oppenheimer & Co. Inc. Takes Position in Invesco MSCI Global Timber ETF (CUT)

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Oppenheimer & Co. Inc. purchased a new position in Invesco MSCI Global Timber ETF (NYSEARCA:CUT) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 25,678 shares of the company’s stock, valued at approximately $833,000.

A number of other large investors have also modified their holdings of CUT. Valmark Advisers Inc. acquired a new stake in shares of Invesco MSCI Global Timber ETF during the 2nd quarter worth approximately $62,850,000. Brookstone Capital Management acquired a new stake in shares of Invesco MSCI Global Timber ETF during the 2nd quarter worth approximately $7,332,000. Staley Capital Advisers Inc. acquired a new stake in shares of Invesco MSCI Global Timber ETF during the 2nd quarter worth approximately $486,000. Round Table Services LLC acquired a new stake in shares of Invesco MSCI Global Timber ETF during the 2nd quarter worth approximately $468,000. Finally, Financial Advisory Service Inc. acquired a new stake in shares of Invesco MSCI Global Timber ETF during the 2nd quarter worth approximately $444,000.

Shares of NYSEARCA CUT opened at $32.61 on Friday. Invesco MSCI Global Timber ETF has a 12 month low of $29.25 and a 12 month high of $34.70.

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.

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Institutional Ownership by Quarter for Invesco MSCI Global Timber ETF (NYSEARCA:CUT)

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