ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Hits New 12-Month High – What’s Next?

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA – Get Free Report)’s share price hit a new 52-week high during trading on Friday. The company traded as high as $63.39 and last traded at $63.2110, with a volume of 8,291 shares traded. The stock had previously closed at $62.97.

ALPS O’Shares U.S. Quality Dividend ETF Stock Up 0.3%

The stock’s fifty day moving average price is $61.31 and its 200 day moving average price is $59.23. The stock has a market cap of $737.88 million, a PE ratio of 22.27 and a beta of 0.74.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC raised its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 7.2% in the first quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock worth $1,425,000 after acquiring an additional 1,722 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 1st quarter valued at approximately $850,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF in the third quarter valued at approximately $578,000. Wedbush Securities Inc. purchased a new stake in ALPS O’Shares U.S. Quality Dividend ETF in the third quarter valued at approximately $539,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in ALPS O’Shares U.S. Quality Dividend ETF in the third quarter valued at $295,000.

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

(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.

Further Reading

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