iShares Russell Mid-Cap ETF $IWR Holdings Lowered by Texas Capital Bancshares Inc TX

Texas Capital Bancshares Inc TX trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 49,118 shares of the company’s stock after selling 32,677 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 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 quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Welch & Forbes LLC raised its position in iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after purchasing an additional 105 shares during the period. Hollencrest Capital Management boosted its position in iShares Russell Mid-Cap ETF by 1.7% during the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after buying an additional 106 shares during the period. Meridian Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the second quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after buying an additional 112 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after buying an additional 114 shares during the period. Finally, Objectivity Squared LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 3.7% in the third quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock worth $319,000 after buying an additional 117 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.1%

NYSEARCA IWR opened at $97.08 on Friday. The firm has a market cap of $46.43 billion, a PE 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 stock 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.