ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) Stock Price Down 0.5% – What’s Next?

ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR)’s stock price were down 0.5% during trading on Monday . The company traded as low as $32.82 and last traded at $32.51. Approximately 839 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 4,134 shares. The stock had previously closed at $32.67.

ALPS O’Shares Europe Quality Dividend ETF Price Performance

The stock has a market cap of $39.01 million, a price-to-earnings ratio of 19.06 and a beta of 0.88. The company’s fifty day simple moving average is $32.51 and its two-hundred day simple moving average is $30.85.

Institutional Trading of ALPS O’Shares Europe Quality Dividend ETF

A number of institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in ALPS O’Shares Europe Quality Dividend ETF by 385.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,888 shares of the company’s stock valued at $62,000 after purchasing an additional 1,499 shares during the last quarter. USA Financial Formulas purchased a new position in ALPS O’Shares Europe Quality Dividend ETF in the second quarter valued at about $269,000. Finally, Janney Montgomery Scott LLC grew its stake in ALPS O’Shares Europe Quality Dividend ETF by 66.2% in the second quarter. Janney Montgomery Scott LLC now owns 59,097 shares of the company’s stock valued at $1,930,000 after purchasing an additional 23,530 shares during the last quarter.

About ALPS O’Shares Europe Quality Dividend ETF

The ALPS O’Shares Europe Quality Dividend ETF Shares (OEUR) is an exchange-traded fund that is based on the O’Shares Europe Quality Dividend index. The fund selects and weights large and mid-cap Europe stocks based on three factors: high quality, low volatility, and high dividend yield. OEUR was launched on Aug 19, 2015 and is managed by ALPS.