Texas Capital Bank Wealth Management Services Inc Buys 28,974 Shares of iShares Russell Mid-Cap ETF $IWR

Texas Capital Bank Wealth Management Services Inc grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 258,585 shares of the company’s stock after purchasing an additional 28,974 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 1.4% of Texas Capital Bank Wealth Management Services Inc’s portfolio, making the stock its 12th biggest position. Texas Capital Bank Wealth Management Services Inc owned about 0.05% of iShares Russell Mid-Cap ETF worth $24,894,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its stake in shares of iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock worth $7,245,741,000 after buying an additional 5,633,614 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock worth $967,667,000 after buying an additional 123,124 shares during the last quarter. Northern Trust Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.4% in the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after buying an additional 134,966 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell Mid-Cap ETF by 0.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after buying an additional 47,842 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 6.1% in the 3rd quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after buying an additional 239,492 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.2%

Shares of NYSEARCA IWR opened at $106.68 on Thursday. iShares Russell Mid-Cap ETF has a twelve month low of $87.68 and a twelve month high of $107.26. The stock’s 50 day moving average price is $101.90 and its 200-day moving average price is $99.82. The company has a market capitalization of $53.66 billion, a PE ratio of 21.00 and a beta of 1.01.

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.