ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Trading Up 0.5% – Time to Buy?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) shares rose 0.5% during trading on Tuesday . The stock traded as high as $44.00 and last traded at $43.75. Approximately 51,780 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 68,239 shares. The stock had previously closed at $43.53.

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

The stock has a fifty day simple moving average of $45.65 and a 200-day simple moving average of $44.72. The stock has a market cap of $922.25 million, a P/E ratio of 15.13 and a beta of 0.91.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Thursday, February 19th were given a dividend of $0.0856 per share. This is an increase from ALPS O’Shares U.S. Small-Cap Quality Dividend ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, February 19th.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. HORAN Wealth LLC acquired a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 3rd quarter worth approximately $577,000. USA Financial Formulas grew its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 24.7% during the 3rd quarter. USA Financial Formulas now owns 7,578 shares of the company’s stock worth $339,000 after acquiring an additional 1,499 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter valued at approximately $900,000. Royal Palms Capital LLC acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter valued at approximately $455,000. Finally, Kickstand Ventures LLC. lifted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the fourth quarter. Kickstand Ventures LLC. now owns 112,936 shares of the company’s stock worth $4,940,000 after purchasing an additional 2,823 shares in 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.