USA Financial Formulas Buys Shares of 6,079 ALPS O’Shares U.S. Small-Cap Quality Dividend ETF $OUSM

USA Financial Formulas acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,079 shares of the company’s stock, valued at approximately $263,000.

Several other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 13.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 239,493 shares of the company’s stock valued at $10,348,000 after purchasing an additional 27,706 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the first quarter valued at approximately $585,000. Cary Street Partners Financial LLC boosted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 29.4% during the first quarter. Cary Street Partners Financial LLC now owns 11,583 shares of the company’s stock worth $487,000 after buying an additional 2,635 shares during the period. Kickstand Ventures LLC. boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 547.6% during the 1st quarter. Kickstand Ventures LLC. now owns 244,872 shares of the company’s stock worth $10,290,000 after acquiring an additional 207,058 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 342.4% in the first quarter. Bank of New York Mellon Corp now owns 43,348 shares of the company’s stock worth $1,821,000 after purchasing an additional 33,550 shares during the period.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 2.4%

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF stock opened at $44.66 on Friday. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a 52 week low of $37.30 and a 52 week high of $47.47. The stock has a market cap of $941.43 million, a price-to-earnings ratio of 15.13 and a beta of 0.91. The company’s 50-day moving average price is $44.58 and its two-hundred day moving average price is $43.01.

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