ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Shares Up 0.7%

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) were up 0.7% during trading on Monday . The stock traded as high as $47.78 and last traded at $47.78. Approximately 23,306 shares changed hands during mid-day trading, The stock had previously closed at $47.47.

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

The business’s fifty day moving average price is $48.15 and its 200-day moving average price is $46.29. The stock has a market capitalization of $728.66 million, a PE ratio of 23.93 and a beta of 0.78.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OUSA. Cambridge Investment Research Advisors Inc. raised its stake in ALPS O’Shares U.S. Quality Dividend ETF by 6.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 15,890 shares of the company’s stock valued at $666,000 after purchasing an additional 1,009 shares in the last quarter. Grove Bank & Trust bought a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth $63,000. NBC Securities Inc. purchased a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at $35,000. Advisors Preferred LLC bought a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter worth $40,000. Finally, Summit Financial LLC grew its position in ALPS O’Shares U.S. Quality Dividend ETF by 6.6% in the third quarter. Summit Financial LLC now owns 8,848 shares of the company’s stock worth $371,000 after acquiring an additional 550 shares in the last quarter.

ALPS O’Shares U.S. Quality Dividend ETF Company Profile

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.