Financial News

Timber ETFs and Housing Demand Reaching New Heights

The timber industry and sector-related exchange traded funds have been rebounding as lumber prices rallied this year. The iShares Global Timber & Forestry ETF (WOOD) increased 6.1% over the past month and the Invesco MSCI Global Timber ETF (CUT) gained 6.3%. Meanwhile, lumber futures jumped 24%...
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