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

Texas Capital Bank Wealth Management Services Inc increased its holdings in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 373,184 shares of the company’s stock after acquiring an additional 15,124 shares during the period. iShares Core S&P Mid-Cap ETF comprises approximately 1.4% of Texas Capital Bank Wealth Management Services Inc’s portfolio, making the stock its 13th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Core S&P Mid-Cap ETF were worth $24,630,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IJH. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core S&P Mid-Cap ETF by 2.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 122,648,738 shares of the company’s stock worth $8,004,057,000 after purchasing an additional 2,757,510 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of iShares Core S&P Mid-Cap ETF by 238.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock worth $150,231,000 after purchasing an additional 1,622,736 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of iShares Core S&P Mid-Cap ETF by 488.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,850,827 shares of the company’s stock worth $122,155,000 after purchasing an additional 1,536,335 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 150.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,318,617 shares of the company’s stock valued at $153,029,000 after buying an additional 1,391,199 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in iShares Core S&P Mid-Cap ETF in the 4th quarter worth approximately $86,989,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

iShares Core S&P Mid-Cap ETF Price Performance

NYSEARCA:IJH opened at $74.36 on Thursday. iShares Core S&P Mid-Cap ETF has a 1 year low of $59.14 and a 1 year high of $75.15. The stock’s 50 day simple moving average is $70.99 and its two-hundred day simple moving average is $69.15. The company has a market cap of $118.08 billion, a price-to-earnings ratio of 19.00 and a beta of 1.02.

iShares Core S&P Mid-Cap ETF Profile

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.