ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Sets New 52-Week High – What’s Next?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $49.26 and last traded at $49.17, with a volume of 3152 shares trading hands. The stock had previously closed at $48.68.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Down 0.8%

The stock has a market cap of $1.04 billion, a P/E ratio of 15.13 and a beta of 0.91. The business has a 50 day moving average price of $47.23 and a 200 day moving average price of $46.19.

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

Hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock worth $1,645,000 after purchasing an additional 335 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock worth $1,195,000 after buying an additional 702 shares during the period. HORAN Wealth LLC lifted its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 5.6% during the 4th quarter. HORAN Wealth LLC now owns 13,597 shares of the company’s stock valued at $595,000 after buying an additional 724 shares in the last quarter. Triumph Capital Management purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 3rd quarter valued at about $48,000. Finally, Kickstand Ventures LLC. boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the 4th quarter. Kickstand Ventures LLC. now owns 112,936 shares of the company’s stock valued at $4,940,000 after buying an additional 2,823 shares during the period.

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.