Record-Setting Lumber Prices Lift Timber ETFs
May 04, 2021 at 06:00 AM EDT
Lumber prices continue to climb, bolstering sawmill owners and timber sector-related exchange traded funds. Year-to-date, the iShares Global Timber & Forestry ETF (WOOD) has increased 15.3%, while the Invesco MSCI Global Timber ETF (CUT) has gained 13.8%. While wood prices grew into record...