Texas Capital Bancshares Inc TX Cuts Stock Position in iShares Russell Mid-Cap ETF $IWR

Texas Capital Bancshares Inc TX trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,118 shares of the company’s stock after selling 32,677 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 1.9% of Texas Capital Bancshares Inc TX’s holdings, making the stock its 8th biggest holding. Texas Capital Bancshares Inc TX’s holdings in iShares Russell Mid-Cap ETF were worth $4,742,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in iShares Russell Mid-Cap ETF by 8.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after buying an additional 5,633,614 shares during the period. BNP Paribas Financial Markets increased its position in shares of iShares Russell Mid-Cap ETF by 186.3% in the second quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock valued at $70,324,000 after acquiring an additional 497,601 shares during the period. Creative Planning increased its position in shares of iShares Russell Mid-Cap ETF by 35.9% in the second quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after acquiring an additional 245,879 shares during the period. Truist Financial Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 6.1% during the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock valued at $404,969,000 after acquiring an additional 239,492 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of iShares Russell Mid-Cap ETF by 348.1% during the third quarter. Thrivent Financial for Lutherans now owns 292,796 shares of the company’s stock valued at $28,268,000 after acquiring an additional 227,455 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.1%

iShares Russell Mid-Cap ETF stock opened at $97.08 on Friday. The firm has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53. The firm has a 50-day moving average of $100.69 and a 200-day moving average of $97.76.

iShares Russell Mid-Cap ETF Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.