ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Trading 0.6% Higher – Time to Buy?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) shares rose 0.6% during mid-day trading on Friday . The company traded as high as $44.34 and last traded at $43.8450. Approximately 168,385 shares were traded during mid-day trading, an increase of 69% from the average daily volume of 99,887 shares. The stock had previously closed at $43.60.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.6%

The firm has a market capitalization of $924.25 million, a price-to-earnings ratio of 15.13 and a beta of 0.91. The stock has a fifty day moving average price of $43.93 and a 200-day moving average price of $43.82.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the 3rd quarter worth about $48,000. Kickstand Ventures LLC. boosted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.0% in the third quarter. Kickstand Ventures LLC. now owns 110,113 shares of the company’s stock valued at $4,933,000 after buying an additional 2,179 shares in the last quarter. Ameriprise Financial Inc. grew its stake in 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 worth $89,292,000 after buying an additional 351,024 shares during the last quarter. HORAN Wealth LLC acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter worth approximately $577,000. Finally, USA Financial Formulas raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 24.7% in the third quarter. USA Financial Formulas now owns 7,578 shares of the company’s stock valued at $339,000 after acquiring an additional 1,499 shares during the last quarter.

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.