Texas Capital Bank Wealth Management Services Inc Grows Stock Position in iShares Core S&P Mid-Cap ETF $IJH

Texas Capital Bank Wealth Management Services Inc raised its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 358,060 shares of the company’s stock after purchasing an additional 9,557 shares during the period. iShares Core S&P Mid-Cap ETF makes up approximately 1.9% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 6th largest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $23,367,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P Mid-Cap ETF by 5.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock valued at $7,435,654,000 after purchasing an additional 5,810,344 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Core S&P Mid-Cap ETF by 3.0% during the 2nd quarter. Raymond James Financial Inc. now owns 38,719,798 shares of the company’s stock valued at $2,401,402,000 after buying an additional 1,122,461 shares in the last quarter. UBS Group AG lifted its position in iShares Core S&P Mid-Cap ETF by 3.2% in the 3rd quarter. UBS Group AG now owns 23,084,628 shares of the company’s stock worth $1,506,503,000 after buying an additional 718,047 shares during the last quarter. Acorns Advisers LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 4.6% in the third quarter. Acorns Advisers LLC now owns 13,115,309 shares of the company’s stock worth $855,905,000 after buying an additional 574,735 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in iShares Core S&P Mid-Cap ETF by 107.4% in the second quarter. Corient Private Wealth LLC now owns 10,204,380 shares of the company’s stock worth $632,044,000 after buying an additional 5,285,095 shares in the last quarter. Institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Stock Performance

IJH stock opened at $66.90 on Friday. The company has a market capitalization of $104.48 billion, a PE ratio of 19.00 and a beta of 1.07. iShares Core S&P Mid-Cap ETF has a one year low of $50.15 and a one year high of $72.56. The company’s 50 day moving average price is $70.02 and its two-hundred day moving average price is $67.09.

About iShares Core S&P Mid-Cap ETF

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.