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

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

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

The firm has a 50-day simple moving average of $46.60 and a 200 day simple moving average of $45.68. The company has a market capitalization of $1.00 billion, a PE ratio of 15.13 and a beta of 0.91.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OUSM. Triumph Capital Management acquired a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the third quarter worth about $48,000. USA Financial Formulas increased its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 3.1% during the fourth quarter. USA Financial Formulas now owns 7,815 shares of the company’s stock valued at $342,000 after purchasing an additional 237 shares during the last quarter. Royal Palms Capital LLC acquired a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the fourth quarter worth about $455,000. HORAN Wealth LLC lifted its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 5.6% in the 4th quarter. HORAN Wealth LLC now owns 13,597 shares of the company’s stock worth $595,000 after purchasing an additional 724 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter valued at $900,000.

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

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.