ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Shares Down 0.4% – Here’s Why

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSAGet Free Report) shares were down 0.4% during mid-day trading on Tuesday . The company traded as low as $58.16 and last traded at $58.16. Approximately 16,671 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 32,525 shares. The stock had previously closed at $58.41.

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

The business has a fifty day moving average of $56.89 and a 200-day moving average of $57.56. The company has a market capitalization of $882.93 million, a P/E ratio of 22.27 and a beta of 0.80.

Hedge Funds Weigh In On ALPS O’Shares U.S. Quality Dividend ETF

A number of large investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in ALPS O’Shares U.S. Quality Dividend ETF by 126.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 131,668 shares of the company’s stock valued at $7,597,000 after acquiring an additional 73,618 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at $496,000. USA Financial Formulas lifted its stake in ALPS O’Shares U.S. Quality Dividend ETF by 3.2% during the 4th quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock valued at $721,000 after acquiring an additional 388 shares in the last quarter. Triumph Capital Management bought a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at $47,000. Finally, Ameriprise Financial Inc. lifted its stake in ALPS O’Shares U.S. Quality Dividend ETF by 2.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 466,160 shares of the company’s stock valued at $26,450,000 after acquiring an additional 11,355 shares in the last quarter.

About ALPS O’Shares U.S. Quality Dividend ETF

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The ALPS O’Shares U.S. Quality Dividend ETF Shares (OUSA) is an exchange-traded fund that is based on the O’Shares US Quality Dividend index. The fund selects and weights large-cap US stocks based on four factors: high quality, low volatility, high dividend yield, and dividend quality. OUSA was launched on Jul 14, 2015 and is managed by ALPS.

Further Reading

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