ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Hits New 1-Year High – What’s Next?

by · The Markets Daily

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.97 and last traded at $47.92, with a volume of 56535 shares trading hands. The stock had previously closed at $47.52.

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

The firm has a market capitalization of $1.00 billion, a P/E ratio of 15.13 and a beta of 0.91. The stock’s fifty day simple moving average is $46.60 and its 200 day simple moving average is $45.68.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased 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 in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock worth $2,188,000 after acquiring an additional 30,538 shares during the period. Ascentis Independent Advisors acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 1st quarter valued at about $1,164,000. Arkadios Wealth Advisors acquired a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter valued at approximately $900,000. Finally, Royal Palms Capital LLC acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter worth about $455,000.

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

(Get Free Report)

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.

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