HORAN Wealth LLC Takes $577,000 Position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF $OUSM

HORAN Wealth LLC purchased a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,873 shares of the company’s stock, valued at approximately $577,000. HORAN Wealth LLC owned about 0.06% of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC lifted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 8.7% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 5,645 shares of the company’s stock worth $244,000 after acquiring an additional 453 shares during the period. Morgan Dempsey Capital Management LLC raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 67.4% during the second quarter. Morgan Dempsey Capital Management LLC now owns 3,291 shares of the company’s stock worth $142,000 after purchasing an additional 1,325 shares during the last quarter. USA Financial Formulas lifted its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 24.7% during the third quarter. USA Financial Formulas now owns 7,578 shares of the company’s stock worth $339,000 after purchasing an additional 1,499 shares during the period. Horan Securities Inc. grew its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 19.6% in the 2nd quarter. Horan Securities Inc. now owns 12,738 shares of the company’s stock valued at $550,000 after buying an additional 2,085 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,641,689 shares of the company’s stock valued at $70,934,000 after buying an additional 122,578 shares during the last quarter.

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

Shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF stock opened at $46.54 on Friday. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a one year low of $37.30 and a one year high of $47.47. The company has a market cap of $981.02 million, a P/E ratio of 15.13 and a beta of 0.91. The firm has a fifty day moving average of $44.75 and a two-hundred day moving average of $44.39.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, January 27th. Investors of record on Thursday, January 22nd were issued a dividend of $0.034 per share. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, January 22nd.

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