ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Hits New 1-Year High – Here’s What Happened

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) shares hit a new 52-week high on Friday . The stock traded as high as $60.51 and last traded at $60.37, with a volume of 2989 shares. The stock had previously closed at $60.24.

ALPS O’Shares U.S. Quality Dividend ETF Stock Down 0.7%

The stock has a market cap of $902.24 million, a PE ratio of 22.27 and a beta of 0.80. The stock has a fifty day moving average of $58.61 and a 200-day moving average of $58.07.

Institutional Trading of ALPS O’Shares U.S. Quality Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in OUSA. Ameriprise Financial Inc. increased its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 9.7% in the second quarter. Ameriprise Financial Inc. now owns 454,805 shares of the company’s stock valued at $24,520,000 after purchasing an additional 40,042 shares during the period. Triumph Capital Management acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth $47,000. USA Financial Formulas grew its position in ALPS O’Shares U.S. Quality Dividend ETF by 3.2% in the 4th quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock valued at $721,000 after buying an additional 388 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in ALPS O’Shares U.S. Quality Dividend ETF by 126.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 131,668 shares of the company’s stock valued at $7,597,000 after buying an additional 73,618 shares during the last quarter. Finally, 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 buying an additional 1,722 shares during the last quarter.

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.