Thurston Springer Miller Herd & Titak Inc. Acquires 30,193 Shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM)

Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) by 16.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 211,787 shares of the company’s stock after purchasing an additional 30,193 shares during the period. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF makes up about 1.5% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its 8th biggest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF were worth $8,899,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in OUSM. Archer Investment Corp purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 4th quarter worth approximately $34,000. Moloney Securities Asset Management LLC purchased a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter worth $217,000. Bank of New York Mellon Corp lifted its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 119.4% during the fourth quarter. Bank of New York Mellon Corp now owns 9,798 shares of the company’s stock worth $428,000 after buying an additional 5,333 shares during the period. Cary Street Partners Financial LLC purchased a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the fourth quarter valued at $391,000. Finally, Janney Montgomery Scott LLC increased its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 82.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 26,262 shares of the company’s stock valued at $1,148,000 after acquiring an additional 11,885 shares during the period.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Price Performance

Shares of OUSM stock opened at $42.63 on Thursday. The business has a fifty day moving average of $41.33 and a 200 day moving average of $43.19. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 1 year low of $37.30 and a 1 year high of $47.47. The firm has a market capitalization of $900.86 million, a price-to-earnings ratio of 15.56 and a beta of 0.93.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Profile

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.