Texas Capital Bank Wealth Management Services Inc lowered its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 11.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 411,509 shares of the company’s stock after selling 52,920 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 3.5% of Texas Capital Bank Wealth Management Services Inc’s portfolio, making the stock its 4th largest position. Texas Capital Bank Wealth Management Services Inc owned about 0.10% of iShares Russell Mid-Cap ETF worth $33,365,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the company. Pathstone Holdings LLC acquired a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at $157,496,000. Baird Financial Group Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 28.3% during the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after acquiring an additional 1,722,388 shares during the period. Natixis Advisors LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 337.3% in the 2nd quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock valued at $135,245,000 after purchasing an additional 1,286,639 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares Russell Mid-Cap ETF by 849.0% in the 1st quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock worth $100,300,000 after purchasing an additional 1,067,086 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after purchasing an additional 695,205 shares in the last quarter.
iShares Russell Mid-Cap ETF Trading Up 0.3 %
Shares of IWR opened at $88.01 on Friday. The firm has a market cap of $36.36 billion, a P/E ratio of 20.27 and a beta of 1.02. The stock’s 50 day moving average is $84.68 and its two-hundred day moving average is $82.74. iShares Russell Mid-Cap ETF has a 12 month low of $64.66 and a 12 month high of $88.53.
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.
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