Cullen Frost Bankers Inc. Sells 6,337 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cullen Frost Bankers Inc. cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,461 shares of the company’s stock after selling 6,337 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $2,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWR. Hyman Charles D bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $202,000. Gryphon Financial Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $2,014,000. Sawgrass Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 17.9% in the 4th quarter. Sawgrass Asset Management LLC now owns 124,214 shares of the company’s stock valued at $9,655,000 after purchasing an additional 18,896 shares during the period. Simmons Bank raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% in the 4th quarter. Simmons Bank now owns 18,191 shares of the company’s stock valued at $1,414,000 after purchasing an additional 151 shares during the period. Finally, Apollon Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 3.2% in the 4th quarter. Apollon Wealth Management LLC now owns 23,197 shares of the company’s stock valued at $1,803,000 after purchasing an additional 710 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $81.56 on Thursday. The firm’s 50-day moving average is $81.51 and its 200-day moving average is $77.00. The stock has a market cap of $33.60 billion, a price-to-earnings ratio of 19.78 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $84.33.

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.