ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Shares Up 0.9% – Should You Buy?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM)’s share price shot up 0.9% during trading on Thursday . The stock traded as high as $44.95 and last traded at $45.3040. 95,044 shares were traded during trading, a decline of 5% from the average session volume of 99,887 shares. The stock had previously closed at $44.91.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Up 0.9%

The company has a market capitalization of $955.01 million, a PE ratio of 15.13 and a beta of 0.91. The stock’s 50 day moving average is $44.52 and its two-hundred day moving average is $44.31.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, January 27th. Stockholders of record on Thursday, January 22nd were paid a dividend of $0.034 per share. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, January 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% during the third quarter. Ameriprise Financial Inc. now owns 1,992,713 shares of the company’s stock valued at $89,292,000 after acquiring an additional 351,024 shares during the last quarter. Kickstand Ventures LLC. raised its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the 4th quarter. Kickstand Ventures LLC. now owns 112,936 shares of the company’s stock valued at $4,940,000 after acquiring an additional 2,823 shares during the last quarter. Duncan Williams Asset Management LLC purchased a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the second quarter valued at approximately $4,664,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock worth $2,188,000 after buying an additional 30,538 shares in the last quarter. Finally, HORAN Wealth LLC acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 3rd quarter worth $577,000.

About ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

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.