ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Trading Up 0.9% – Here’s Why

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

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

The business’s fifty day simple moving average is $44.56 and its 200-day simple moving average is $44.32. The firm has a market capitalization of $955.77 million, a PE ratio of 15.13 and a beta of 0.91.

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

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

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

Several hedge funds have recently bought and sold shares of OUSM. Ameriprise Financial Inc. boosted its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,992,713 shares of the company’s stock valued at $89,292,000 after purchasing an additional 351,024 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 worth about $4,664,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 valued at $2,188,000 after buying an additional 30,538 shares during the last quarter. HORAN Wealth LLC bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter valued at approximately $577,000. Finally, Crews Bank & Trust purchased a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 2nd quarter valued at approximately $338,000.

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.