WOOD Stock Summary and Trading Ideas (iShares Global Timber & Forestry ETF | NASDAQ:WOOD)

The iShares S&P Global Timber & Forestry Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Timber & Forestry Index.

iShares Global Timber & Forestry ETF trades on the NASDAQ stock market under the symbol WOOD.

As of January 31, 2025, WOOD stock price declined to $80.30 with 4,424 million shares trading.

WOOD has a beta of 0.65, meaning it tends to be less sensitive to market movements. WOOD has a correlation of 0.29 to the broad based SPY ETF.

WOOD has a market cap of $250.54 million. This is considered a Small Cap stock.

In the last 3 years, WOOD traded as high as $94.33 and as low as $63.78.

WOOD has underperformed the market in the last year with a return of +7.5%, while the SPY ETF gained +26.1%. In the last 3 month period, WOOD fell short of the market, returning +0.1%, while SPY returned +6.2%. However, in the most recent 2 weeks WOOD has outperformed the stock market by returning +2.7%, while SPY returned +0.7%.

WOOD support price is $79.54 and resistance is $81.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WOOD shares will trade within this expected range on the day.