ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Sets New 1-Year High – Here’s Why

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSAGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $62.63 and last traded at $62.63, with a volume of 1847 shares. The stock had previously closed at $61.68.

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

The company has a market capitalization of $929.98 million, a P/E ratio of 22.27 and a beta of 0.80. The company’s 50-day moving average price is $59.97 and its two-hundred day moving average price is $58.55.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the first quarter valued at approximately $850,000. Allied Private Wealth LLC acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 2nd quarter valued at $120,000. Triumph Capital Management acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at $47,000. Ameriprise Financial Inc. increased its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 2.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 466,160 shares of the company’s stock valued at $26,450,000 after purchasing an additional 11,355 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 7.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock valued at $1,425,000 after purchasing an additional 1,722 shares during the last quarter.

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

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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.

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