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Rebounding Lumber Prices Help Lift Timber Sector ETFs

Rebounding Lumber Prices Help Lift Timber Sector ETFs

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Timber sector-related exchange traded funds are gaining momentum as lumber prices rebound on wet weather conditions affecting supply and a cardboard box boom adding to demand. During the past month, the iShares Global Timber & Forestry ETF (WOOD) gained 4.0% and the Invesco MSCI Global Timber ETF (CUT) rose 2.8%.

...read full article on ETF Trends

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