ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) Trading Up 0.8% – Here’s What Happened

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (NYSEARCA:OUSM) shot up 0.8% on Wednesday . The company traded as high as $48.98 and last traded at $48.77. 24,595 shares changed hands during trading, a decline of 64% from the average session volume of 68,411 shares. The stock had previously closed at $48.39.

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

The company has a market cap of $892.25 million, a P/E ratio of 15.13 and a beta of 0.90. The stock has a 50-day moving average of $48.77 and a two-hundred day moving average of $46.87.

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

A number of hedge funds have recently made changes to their positions in the business. Ascentis Independent Advisors purchased a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 1st quarter worth $1,164,000. Advisory Services Network LLC boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 20.9% during the fourth quarter. Advisory Services Network LLC now owns 56,410 shares of the company’s stock valued at $2,467,000 after buying an additional 9,752 shares during the period. Arkadios Wealth Advisors purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the fourth quarter valued at about $900,000. Ameriprise Financial Inc. grew its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% during the third quarter. Ameriprise Financial Inc. now owns 1,992,713 shares of the company’s stock valued at $89,292,000 after buying an additional 351,024 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake 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 valued at $1,645,000 after buying an additional 335 shares during the last quarter.

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.