Seeking Alpha

iShares S&P Global Timber & Forestry Index ETF (WOOD)

  • Jun. 27, 2011, 12:49 PM
    Universal Forest Products (UFPI -11.7%)) drops to a new 52-week low after saying sales through May were worse than expected, and demand will be weak for the remainder of FY11. As a result, it plans to cut costs through layoffs and reduced spending.
    | Comment!
Visit Seeking Alpha's
WOOD vs. ETF Alternatives
WOOD Description
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.
See more details on sponsor's website
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub