ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Hits New 52-Week High – Here’s Why

Shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) reached a new 52-week high on Wednesday . The company traded as high as $47.98 and last traded at $47.98, with a volume of 6056 shares traded. The stock had previously closed at $47.38.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Up 0.8%

The company’s fifty day moving average is $46.75 and its two-hundred day moving average is $45.88. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 15.13 and a beta of 0.91.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Triumph Capital Management acquired a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the third quarter valued at $48,000. USA Financial Formulas raised its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 3.1% in the fourth quarter. USA Financial Formulas now owns 7,815 shares of the company’s stock valued at $342,000 after buying an additional 237 shares during the last quarter. Royal Palms Capital LLC purchased a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the fourth quarter worth about $455,000. HORAN Wealth LLC increased its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 5.6% in the 4th quarter. HORAN Wealth LLC now owns 13,597 shares of the company’s stock valued at $595,000 after acquiring an additional 724 shares during the period. Finally, Arkadios Wealth Advisors purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 4th quarter valued at approximately $900,000.

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.