Cullen Frost Bankers Inc. Boosts Holdings in iShares Russell Mid-Cap ETF $IWR

Cullen Frost Bankers Inc. increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,690 shares of the company’s stock after buying an additional 1,759 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $4,662,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 6.9% during the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after acquiring an additional 4,290,076 shares during the period. US Bancorp DE raised its position in iShares Russell Mid-Cap ETF by 2.2% in the first quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after acquiring an additional 418,491 shares in the last quarter. Northern Trust Corp raised its position in iShares Russell Mid-Cap ETF by 0.8% in the first quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock worth $797,197,000 after acquiring an additional 75,638 shares in the last quarter. Baird Financial Group Inc. raised its holdings in iShares Russell Mid-Cap ETF by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock worth $699,162,000 after buying an additional 142,576 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in iShares Russell Mid-Cap ETF by 11.7% during the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after buying an additional 840,839 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.9%

NYSEARCA IWR opened at $95.97 on Thursday. The company has a market cap of $44.86 billion, a PE ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.80. The stock’s 50-day moving average price is $95.96 and its two-hundred day moving average price is $91.27.

iShares Russell Mid-Cap ETF Company 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.