ALPS O’Shares U.S. Quality Dividend ETF $OUSA is Thurston Springer Miller Herd & Titak Inc.’s Largest Position

Thurston Springer Miller Herd & Titak Inc. lessened its position in shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 88.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,050 shares of the company’s stock after selling 463,130 shares during the quarter. ALPS O’Shares U.S. Quality Dividend ETF accounts for 6.5% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its largest position. Thurston Springer Miller Herd & Titak Inc. owned approximately 0.38% of ALPS O’Shares U.S. Quality Dividend ETF worth $3,282,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of OUSA. Private Trust Co. NA increased its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 24.3% in the 2nd quarter. Private Trust Co. NA now owns 1,243 shares of the company’s stock worth $67,000 after buying an additional 243 shares during the period. Summit Financial LLC increased its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 25.2% in the first quarter. Summit Financial LLC now owns 7,734 shares of the company’s stock worth $412,000 after acquiring an additional 1,557 shares during the period. USA Financial Formulas purchased a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF during the second quarter worth $536,000. NewEdge Advisors LLC raised its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 100.2% during the first quarter. NewEdge Advisors LLC now owns 62,683 shares of the company’s stock worth $3,336,000 after purchasing an additional 31,369 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in ALPS O’Shares U.S. Quality Dividend ETF by 21.1% during the second quarter. Janney Montgomery Scott LLC now owns 169,186 shares of the company’s stock valued at $9,131,000 after purchasing an additional 29,493 shares during the period.

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

BATS OUSA opened at $57.85 on Wednesday. The firm has a market capitalization of $872.41 million, a P/E ratio of 22.27 and a beta of 0.80. ALPS O’Shares U.S. Quality Dividend ETF has a fifty-two week low of $47.19 and a fifty-two week high of $55.86. The stock has a 50-day simple moving average of $56.52 and a two-hundred day simple moving average of $55.48.

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

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.