ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Sets New 1-Year High – Still a Buy?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSMGet Free Report) hit a new 52-week high on Monday . The company traded as high as $47.40 and last traded at $47.2550, with a volume of 40886 shares. The stock had previously closed at $47.33.

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

The stock has a market cap of $995.40 million, a P/E ratio of 15.13 and a beta of 0.91. The stock has a 50-day moving average price of $44.82 and a 200-day moving average price of $44.42.

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

The business also recently announced a monthly dividend, which was paid on Tuesday, January 27th. Shareholders of record on Thursday, January 22nd were given a dividend of $0.034 per share. The ex-dividend date was Thursday, January 22nd. This represents a c) annualized dividend and a yield of 0.9%.

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

A number of institutional investors have recently made changes to their positions in the stock. Triumph Capital Management purchased a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 3rd quarter valued at $48,000. Morgan Dempsey Capital Management LLC increased its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 67.4% in the second quarter. Morgan Dempsey Capital Management LLC now owns 3,291 shares of the company’s stock valued at $142,000 after acquiring an additional 1,325 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 8.7% during the second quarter. Moloney Securities Asset Management LLC now owns 5,645 shares of the company’s stock valued at $244,000 after purchasing an additional 453 shares in the last quarter. USA Financial Formulas raised its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 24.7% during the third quarter. USA Financial Formulas now owns 7,578 shares of the company’s stock valued at $339,000 after purchasing an additional 1,499 shares in the last quarter. Finally, Royal Palms Capital LLC bought a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the fourth quarter worth about $455,000.

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

(Get Free Report)

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.

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