NBC Securities Inc. Invests $48,000 in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA)

NBC Securities Inc. purchased a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 916 shares of the company’s stock, valued at approximately $48,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fourth Dimension Wealth LLC acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the fourth quarter worth $61,000. Summit Financial LLC raised its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 53.7% during the fourth quarter. Summit Financial LLC now owns 6,177 shares of the company’s stock worth $328,000 after acquiring an additional 2,158 shares during the period. Atlas Capital Advisors Inc. raised its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 5.4% during the fourth quarter. Atlas Capital Advisors Inc. now owns 7,783 shares of the company’s stock worth $413,000 after acquiring an additional 400 shares during the period. JPMorgan Chase & Co. increased its stake in ALPS O’Shares U.S. Quality Dividend ETF by 75.1% in the 4th quarter. JPMorgan Chase & Co. now owns 13,676 shares of the company’s stock valued at $726,000 after buying an additional 5,864 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in ALPS O’Shares U.S. Quality Dividend ETF by 38.1% during the 4th quarter. Ameriprise Financial Inc. now owns 447,916 shares of the company’s stock worth $23,795,000 after buying an additional 123,484 shares in the last quarter.

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

Shares of BATS:OUSA opened at $53.47 on Friday. The company’s 50-day moving average price is $52.03 and its two-hundred day moving average price is $53.23. ALPS O’Shares U.S. Quality Dividend ETF has a one year low of $47.19 and a one year high of $55.60. The stock has a market capitalization of $806.36 million, a PE ratio of 22.57 and a beta of 0.81.

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

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.