Patten & Patten Inc. TN Boosts Stock Holdings in iShares Core S&P U.S. Growth ETF $IUSG

Patten & Patten Inc. TN grew its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 165.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 9,610 shares of the company’s stock after buying an additional 5,996 shares during the quarter. Patten & Patten Inc. TN’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSG. BLB&B Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the third quarter worth $212,000. Global Assets Advisory LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth $243,000. Trek Financial LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 8.7% in the 3rd quarter. Trek Financial LLC now owns 14,130 shares of the company’s stock worth $2,325,000 after acquiring an additional 1,136 shares in the last quarter. PFG Investments LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 3.5% during the 3rd quarter. PFG Investments LLC now owns 6,573 shares of the company’s stock worth $1,082,000 after purchasing an additional 221 shares during the last quarter. Finally, Elevation Capital Advisory LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 153.8% during the 3rd quarter. Elevation Capital Advisory LLC now owns 59,514 shares of the company’s stock worth $9,792,000 after purchasing an additional 36,061 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Price Performance

IUSG opened at $168.88 on Monday. The firm has a market capitalization of $27.48 billion, a PE ratio of 32.52 and a beta of 1.11. The business’s 50-day moving average is $167.82 and its two-hundred day moving average is $163.32. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33.

iShares Core S&P U.S. Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $0.2627 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

iShares Core S&P U.S. Growth ETF Profile

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.