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

Texas Capital Bank Wealth Management Services Inc lowered its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 229,611 shares of the company’s stock after selling 25,342 shares during the quarter. iShares Russell Mid-Cap ETF comprises approximately 1.8% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 7th largest position. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Russell Mid-Cap ETF were worth $22,169,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $29,000. Traub Capital Management LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $37,000. Smartleaf Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth $47,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth $47,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $97.08 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.53. The company has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06. The stock’s fifty day moving average price is $100.69 and its 200-day moving average price is $97.76.

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.