Invesco MSCI Global Timber ETF (CUT)
| Assets | $103.19M |
| NAV | $38.22 |
| Expense Ratio | 0.61% |
| PE Ratio | 16.54 |
| Shares Out | 2.70M |
| Dividend (ttm) | $0.55 |
| Dividend Yield | 1.45% |
| Ex-Dividend Date | Dec 21, 2020 |
| 1-Year Return | - |
| Volume | 7,954 |
| Open | 37.72 |
| Previous Close | 38.05 |
| Day's Range | 37.27 - 37.72 |
| 52-Week Low | 26.40 |
| 52-Week High | 40.68 |
| Beta | 1.08 |
| Holdings | 84 |
| Inception Date | Nov 9, 2007 |
About CUT
The investment seeks to track the investment results (before fees and expenses) of the MSCI ACWI IMI Timber Select Capped Index (the underlying index). 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.
Top 10 Holdings
47.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Weyerhaeuser | WY | 5.10% |
| Avery Dennison | AVY | 5.09% |
| Amcor | AMCR | 4.93% |
| International Paper | IP | 4.91% |
| Smurfit Kappa Group PLC | SK3.IR | 4.91% |
| Packaging Corporation of America | PKG | 4.90% |
| UPM-Kymmene Oyj | UPM.HE | 4.82% |
| WestRock | WRK | 4.80% |
| Mondi PLC | MNDI.L | 4.64% |
| Stora Enso Oyj | STERV.HE | 3.88% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 21, 2020 | $0.553 | Dec 31, 2020 |
| Dec 23, 2019 | $0.771 | Dec 31, 2019 |
| Dec 24, 2018 | $0.825 | Dec 31, 2018 |
| Dec 26, 2017 | $0.4991 | Dec 29, 2017 |
| Dec 23, 2016 | $0.515 | Dec 30, 2016 |
| Dec 24, 2015 | $0.358 | Dec 31, 2015 |
News
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...
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.
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.
Lumber Industry Not Putting Itself in Short-Squeeze Situations: Stinson Dean
Jul.13 -- Lumber, which at one point was among the world's best-performing commodities as the pandemic sent construction demand soaring and stoked fears of inflation, has officially wiped out all of its...
Lumber erases all 2021 gains, here's why deflation is the risk to watch, says Bloomberg Intelligence
(Kitco News) - Lumber was one of the best-performing commodities this year, with many pointing to the price rally as a sign of accelerating inflation.
Lumber futures tank more than 40% in June, where do prices go from here?
John Duncanson, Executive VP of Corton Capital Inc. and Timber Analyst on the Corton Global Timber Fund, joins Yahoo Finance's Alexis Christoforous and Kristin Myers to discuss to discuss lumber prices ...
Sherwood Lumber's Kyle Little on lumber outlook
Kyle Little, Sherwood Lumber chief operating officer, joins 'The Exchange' to discuss the lumber price volatility and what the price drop means for the business. For access to live and exclusive video f...
Lumber prices dive more than 40% in June, biggest monthly drop on record
Lumber futures have tanked 42% in June alone, on pace for its worst month on record back to 1978.
High Lumber Prices Bring New Urgency to Old Trade Fight
Facing high costs for wood, home builders want the Biden administration to settle a long-running trade dispute over Canadian lumber imports. It won't be easy.
Timber ETFs Sag As Rally Fades
After hitting their peak on May 7, lumber prices have toppled, bringing timber-associated ETFs down with them.
Lumber Caught in A Market Standoff: Stinson Dean
May.21 -- Lumber prices posted their worst week in two months. Stinson Dean, Deacon Lumber Company CEO, talks with Bloomberg's Romaine Bostick and Joe Weisenthal on "What'd You Miss?
Lumber Prices 2021: Why Are Lumber Prices Falling Now?
Lumber prices are falling in 2021 as the bubble surrounding the market pops and we've got all the details you need to know. The post Lumber Prices 2021: Why Are Lumber Prices Falling Now?
Here's What Plunging Lumber Prices Tell Us About Inflation
The Fed says price spikes are transitory, but not everyone agrees.
Lumber is the latest mini-bubble to hit the market: Morning Brief
Yahoo Finance's Myles Udland breaks down how Lumber's slowdown could signal what's to come across the U.S. economy. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://yout...
The Inevitable Popping of the Lumber Bubble
For the past several months, commodities market commentary has been dominated by a once-prosaic material: lumber. The humble commodity, which is an essential input for most real estate construction, saw...
Lumber prices plunge, Sherwood Lumber COO explains what's driving the decline
Kyle Little, Sherwood Lumber's chief operating officer, argued on Tuesday that the price of lumber was pushed to an “unsustainable price point and now we're seeing a little bit of pushback from the mark...
Lumber executive sees further relief in sky-high prices, says delaying building projects makes sense
Lumber industry veteran Kyle Little said it's sensible to delay building projects due to high wood costs. "We do see some relief over the next six to 12 months.
Expect lumber to remain historically high, despite recent drops: Sherwood Lumber's Little
Kyle Little, chief operating officer at Sherwood Lumber, joins CNBC's "The Exchange" to discuss lumber prices and how they affect the housing market. For access to live and exclusive video from CNBC sub...
Lumber Prices, Stocks Soar — But Can The Industry Manage The Windfall
The coronavirus pandemic's hit to manufacturers and its unique homebuilding and home-renovation boom have combined to catapult lumber prices to record highs. Investor's Business Daily has been helping p...
Lumber executive expects volatility, elevated prices to last for 'foreseeable future'
Sherwood Lumber COO Kyle Little told CNBC on Thursday he expects the hot lumber market to persist, keeping both prices and volatility elevated.
Lumber prices are headed back up after a seven-day sell-off
Lumber prices are going back up after a rough seven-day sell-off. Prices have fallen every day since lumber hit a record of $1,711 per thousand board feet on May 10.
Lumber prices bounce back after bruising 7-day selloff
Lumber futures are trading higher Wednesday for the first in eight days as buyers emerge following a bruising seven-day selloff that dropped prices by as much as 29%.
Lumber futures fall for an eighth-straight day, as speculation that took prices to a record unwinds
Lumber sank again on Wednesday and threatened to derail a monthslong frenzy that pushed the price of wood to record levels.