ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its position in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 3.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,837 shares of the company’s stock after selling 748 shares during the period. Janney Montgomery Scott LLC’s holdings in ALPS O’Shares U.S. Quality Dividend ETF were worth $1,125,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the second quarter valued at about $50,000. Carderock Capital Management Inc. purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the third quarter valued at about $273,000. ORG Partners LLC purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the second quarter valued at about $639,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the second quarter valued at about $11,867,000.

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

Shares of ALPS O’Shares U.S. Quality Dividend ETF stock opened at $53.90 on Friday. The stock has a market capitalization of $824.67 million, a PE ratio of 24.62 and a beta of 0.75. The firm has a 50-day moving average of $53.77 and a 200-day moving average of $51.31.

ALPS O’Shares U.S. Quality Dividend ETF Company Profile

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.