Invesco MSCI Global Timber ETF (CUT)

NYSEARCA: CUT · IEX Real-Time Price · USD
35.82
-0.72 (-1.98%)
At close: Jan 21, 2022 4:00 PM
35.82
0.00 (0.00%)
After-hours:Jan 21, 2022 8:00 PM EST
Assets$89.65M
NAV$35.86
Expense Ratio0.61%
PE Ratio13.50
Shares Out2.50M
Dividend (ttm)$0.58
Dividend Yield1.62%
Ex-Dividend DateDec 20, 2021
1-Year Return+3.84%
Volume6,626
Open35.50
Previous Close36.54
Day's Range35.80 - 36.21
52-Week Low32.98
52-Week High32.98
Beta1.06
Holdings88
Inception DateNov 9, 2007

About CUT

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the underlying index. The underlying index is comprised of equity securities of companies that are primarily engaged in the ownership and management of forests and timberlands and the production of finished products that use timber as a raw material. The fund is non-diversified.

Asset ClassEquity
SectorNatural Resources
RegionGlobal
IssuerInvesco
Stock ExchangeNYSEARCA
Ticker SymbolCUT
Index TrackedMSCI ACWI IMI Timber Select Capped Index

Top 10 Holdings

47.75% of assets
NameSymbolWeight
UPM-Kymmene OyjUPM.HE5.40%
Weyerhaeuser CompanyWY5.14%
AmcorAMCR5.10%
International Paper CompanyIP5.00%
Packaging Corporation of AmericaPKG4.76%
Smurfit Kappa Group PLCSK3.IR4.74%
Avery DennisonAVY4.69%
Mondi PLCMNDI.L4.52%
WestRock CompanyWRK4.36%
Stora Enso OyjSTERV.HE4.04%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 20, 2021$0.5816Dec 31, 2021
Dec 21, 2020$0.55333Dec 31, 2020
Dec 23, 2019$0.77097Dec 31, 2019
Dec 24, 2018$0.8246Dec 31, 2018
Dec 26, 2017$0.4991Dec 29, 2017
Dec 23, 2016$0.5152Dec 30, 2016
Full Dividend History

News

Rebounding Lumber Prices Help Lift Timber Sector ETFs

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...

Other symbols:WOOD
5 days ago - ETF Trends

Lumber prices are 'looking like a repeat of 2021' as housing demand remains red-hot and supply chain disruptions persist

"Being told factories are still not operating at capacity and tariffs aren't allowing solid competition to provide relief," one home builder said.

Other symbols:NAILWOOD
1 week ago - Business Insider

Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says

Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.

Other symbols:NAILWOOD
2 weeks ago - Business Insider

Commodities Corner: Here's what's in store for the lumber market after a whirlwind 2021

Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performance on...

Other symbols:NAILWOOD
2 weeks ago - Market Watch

Why Lumber Won't Boom In 2022

Inflation and rising costs of borrowing will likely put the breaks on the housing market.

Other symbols:NAILWOOD
1 month ago - Forbes

Lumber prices have new growth spurt

Lumber prices have shot up again in a rise reminiscent of a year ago, when high-climbing wood prices warned of the hinky supply lines and broad inflation to come.

Other symbols:NAILWOOD
1 month ago - New York Post

Lumber prices have spiked 95% in 5 weeks as supply issues arise following Canadian floods while demand stays strong

British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumber.

Other symbols:NAILWOOD
1 month ago - Business Insider

Lumber continues its wild ride with no end in sight: Sherwood Lumber COO

Kyle Little, chief operating officer with Sherwood Lumber, joins 'The Exchange' to discuss the growing demand for lumber. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb...

Other symbols:NAILWOOD
1 month ago - CNBC Television

Lumber prices spike above $1,000 for the first time since mid-June as hot housing market drives renewed demand

The commodity is 41% below its record high, while its up 127% from its recent low, highlighting its extreme volatility over the past few months.

Other symbols:NAILWOOD
1 month ago - Business Insider

Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief

The trend line for lumber prices will see a sustained 5% increase, folding in transportation and labor costs, Mace McCain of Frost Investment said.

Other symbols:NAILWOOD
2 months ago - Business Insider

Lumber's pandemic rally has spilled over into fake alternatives, sending shares of faux-wood companies soaring

Trex and Azek are both producers of fake-wood decks, and saw their stock prices and sales boom during the pandemic amid high lumber prices, according to CNBC.

Other symbols:NAILWOOD
4 months ago - Business Insider

Timber Sector ETFs Could Enjoy a Seasonal Boost Ahead

The lumber industry and sector-related exchange traded funds may have faltered as lumber prices plunged, but the woodcutters may enjoy a seasonal rebound with homebuilders picking up the pace toward the...

Other symbols:WOOD
4 months ago - ETF Trends

2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst

Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles could weigh on the price of lumber.

Other symbols:NAILWOOD
5 months ago - Business Insider

Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally as record-setting demand slows

Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.

Other symbols:NAILWOOD
5 months ago - Business Insider

Lumber prices fall after previous supply crunch

Kyle Little, chief operating officer of Sherwood Lumber, joins The Exchange to discuss the current state of the lumber shortage. The supply is rebounding after pandemic lows, he says.

Other symbols:NAILWOOD
5 months ago - CNBC Television

Why this year's epic surge in lumber sent cheese prices to a 15-month low

There's now a glut of processed cheese swamping the market, sending prices as low as $1.31 per pound for a 500-pound barrel - the lowest since 2020.

Other symbols:NAILWOOD
5 months ago - Business Insider

Why lumber prices have already bottomed, but will see upside capped at 15% over the next 2 years, according to an inv...

"We're out of the panic buying. We're out of the massive industry shortages. We're out of the extremes," said Mace McCain of Frost Investment Advisors.

Other symbols:NAILWOOD
5 months ago - Business Insider

Lumber prices have already bottomed - and 3 forces will drive them higher going forward, one investment head says

Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emerging delta variant as possible factors that will push lumber prices higher.

Other symbols:NAILWOOD
5 months ago - Business Insider

Lumber prices look cheap after 65% plunge given Americans still want new houses, says Aberdeen Standard strategist

Lumber prices should be supported by the fact that the ongoing working-from-home trend is still encouraging people to move house, Robert Minter said.

Other symbols:NAILWOOD
5 months ago - Business Insider

3 reasons why lumber prices could stage a late summer rally, according to Bank of America

"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large move in pricing," BofA said.

Other symbols:NAILWOOD
5 months ago - Business Insider

Lumber prices spike as wildfires cause producers to cut output, citing 'significant' supply chain challenges

Lumber futures have jumped in recent days on mounting concerns that wildfires in Canada and the Western US will snarl production and supply chains.

Other symbols:NAILWOOD
6 months ago - Business Insider

3 factors will keep lumber prices elevated despite a multi-week decline, an economist says

As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-hot commodity in high demand.

Other symbols:NAILWOOD
6 months ago - Business Insider

Commodities Corner: Why now might be the best time to buy lumber

After more than doubling in price last year, lumber futures have dropped to their lowest level of 2021, on track to suffer a third-straight monthly decline—potentially offering a “small window” for buye...

Other symbols:NAILWOOD
6 months ago - Market Watch

Lumber's quick cooldown could be just the beginning for commodity market, according to one chart

Lumber's massive turnaround this year is just the start of a cyclical downturn for commodities. Lakshman Achuthan of Economic Cycle Research Institute explains.

Other symbols:NAILWOOD
6 months ago - CNBC

Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says

By end of August and into September, the price of lumber could settle in a range between $350-$450 per thousand board feet, an analyst told Insider.

Other symbols:NAILWOOD
6 months ago - Business Insider