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

by · The Markets Daily

Shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $59.90 and last traded at $59.90, with a volume of 13685 shares trading hands. The stock had previously closed at $58.83.

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

The company has a fifty day moving average price of $58.08 and a two-hundred day moving average price of $57.93. The company has a market capitalization of $903.29 million, a P/E ratio of 22.27 and a beta of 0.80.

Hedge Funds Weigh In On ALPS O’Shares U.S. Quality Dividend ETF

A number of hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. grew its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 2.5% in the third quarter. Ameriprise Financial Inc. now owns 466,160 shares of the company’s stock worth $26,450,000 after purchasing an additional 11,355 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in ALPS O’Shares U.S. Quality Dividend ETF by 126.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 131,668 shares of the company’s stock worth $7,597,000 after purchasing an additional 73,618 shares during the last quarter. Janney Montgomery Scott LLC raised its position in ALPS O’Shares U.S. Quality Dividend ETF by 7.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock worth $1,425,000 after purchasing an additional 1,722 shares during the last quarter. Ascentis Independent Advisors acquired a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 1st quarter worth about $850,000. Finally, USA Financial Formulas lifted its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 3.2% during the 4th quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock worth $721,000 after buying an additional 388 shares during the period.

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

(Get Free Report)

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.

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