Texas Capital Bank Wealth Management Services Inc Boosts Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Texas Capital Bank Wealth Management Services Inc boosted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.6% during the 4th quarter, Holdings Channel.com reports. The firm 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 about 1.4% of Texas Capital Bank Wealth Management Services Inc’s portfolio, making the stock its 12th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Russell Mid-Cap ETF were worth $24,894,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its position in shares of iShares Russell Mid-Cap ETF by 8.1% during the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock worth $7,245,741,000 after acquiring an additional 5,633,614 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock worth $967,667,000 after acquiring an additional 123,124 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 1.4% during the third quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after acquiring an additional 134,966 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Russell Mid-Cap ETF by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after acquiring an additional 47,842 shares in the last quarter. Finally, Truist Financial Corp lifted its position 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 worth $404,969,000 after acquiring an additional 239,492 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $106.68 on Thursday. iShares Russell Mid-Cap ETF has a fifty-two week low of $87.68 and a fifty-two week high of $107.26. The stock has a market cap of $53.66 billion, a P/E ratio of 21.00 and a beta of 1.01. The firm’s fifty day moving average price is $101.90 and its 200-day moving average price is $99.82.

About iShares Russell Mid-Cap ETF

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.