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

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $60.43 and last traded at $59.99, with a volume of 22776 shares traded. The stock had previously closed at $59.84.

ALPS O’Shares U.S. Quality Dividend ETF Stock Up 0.3%

The stock has a market capitalization of $904.65 million, a P/E ratio of 22.27 and a beta of 0.80. The company has a 50-day moving average price of $58.28 and a two-hundred day moving average price of $57.98.

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

A number of hedge funds have recently modified their holdings of the company. USA Financial Formulas boosted its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 3.2% in the fourth quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock valued at $721,000 after acquiring an additional 388 shares in the last quarter. Triumph Capital Management bought a new position in ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth $47,000. Janney Montgomery Scott LLC lifted its position 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 worth $1,425,000 after purchasing an additional 1,722 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth about $496,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 2.5% during 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 in the last quarter.

ALPS O’Shares U.S. Quality Dividend ETF Company Profile

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.