ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Trading Down 0.4% – Should You Sell?

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) shares traded down 0.4% on Monday . The stock traded as low as $57.03 and last traded at $57.03. 21,320 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 32,621 shares. The stock had previously closed at $57.25.

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

The company has a market capitalization of $860.01 million, a P/E ratio of 22.27 and a beta of 0.80. The firm’s fifty day moving average is $57.20 and its 200 day moving average is $57.38.

Institutional Investors Weigh In On ALPS O’Shares U.S. Quality Dividend ETF

A number of institutional investors and hedge funds have recently modified their holdings of OUSA. Janney Montgomery Scott LLC grew its position in ALPS O’Shares U.S. Quality Dividend ETF by 7.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock valued at $1,425,000 after acquiring an additional 1,722 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 126.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 131,668 shares of the company’s stock valued at $7,597,000 after purchasing an additional 73,618 shares during the period. USA Financial Formulas grew its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 3.2% in the fourth quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock worth $721,000 after purchasing an additional 388 shares during the last quarter. Triumph Capital Management purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth about $47,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at about $496,000.

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.