Patten & Patten Inc. TN Purchases 1,609 Shares of iShares S&P 500 Index (IVV)

Patten & Patten Inc. TN boosted its position in iShares S&P 500 Index (NYSEARCA:IVV) by 55.9% during the 4th quarter, Holdings Channel reports. The firm owned 4,486 shares of the company’s stock after buying an additional 1,609 shares during the quarter. Patten & Patten Inc. TN’s holdings in iShares S&P 500 Index were worth $1,206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Creative Planning lifted its position in iShares S&P 500 Index by 9.6% in the 4th quarter. Creative Planning now owns 7,170,505 shares of the company’s stock valued at $1,927,791,000 after purchasing an additional 625,278 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of iShares S&P 500 Index by 31.0% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 6,154,037 shares of the company’s stock worth $1,556,541,000 after buying an additional 1,456,905 shares in the last quarter. First Hawaiian Bank raised its position in shares of iShares S&P 500 Index by 2.5% during the 4th quarter. First Hawaiian Bank now owns 781,712 shares of the company’s stock worth $210,164,000 after buying an additional 19,060 shares in the last quarter. Swarthmore Group Inc. raised its position in shares of iShares S&P 500 Index by 0.3% during the 4th quarter. Swarthmore Group Inc. now owns 648,175 shares of the company’s stock worth $174,262,000 after buying an additional 1,875 shares in the last quarter. Finally, Simply Money Advisors raised its position in shares of iShares S&P 500 Index by 2.1% during the 4th quarter. Simply Money Advisors now owns 531,899 shares of the company’s stock worth $143,001,000 after buying an additional 10,932 shares in the last quarter.

Shares of iShares S&P 500 Index (NYSEARCA:IVV) opened at $284.73 on Tuesday. iShares S&P 500 Index has a 52-week low of $226.66 and a 52-week high of $284.76. The company has a market cap of $152,230.00 and a PE ratio of 12.60.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Wednesday, December 20th were given a dividend of $1.2727 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $5.09 dividend on an annualized basis and a dividend yield of 1.79%. iShares S&P 500 Index’s dividend payout ratio (DPR) is 20.85%.

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About iShares S&P 500 Index

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Index (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares S&P 500 Index (NYSEARCA:IVV)

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