ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Shares Down 0.9% – What’s Next?

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA)’s share price traded down 0.9% during mid-day trading on Wednesday . The company traded as low as $60.23 and last traded at $60.23. 4,939 shares changed hands during trading, a decline of 82% from the average session volume of 26,962 shares. The stock had previously closed at $60.79.

ALPS O’Shares U.S. Quality Dividend ETF Trading Up 0.9%

The stock has a market cap of $745.16 million, a P/E ratio of 22.27 and a beta of 0.74. The company’s 50 day moving average price is $61.02 and its two-hundred day moving average price is $58.82.

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

Hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. raised its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 2.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 466,160 shares of the company’s stock worth $26,450,000 after purchasing an additional 11,355 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 7.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock worth $1,425,000 after acquiring an additional 1,722 shares during the last quarter. Ascentis Independent Advisors purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 1st quarter valued at $850,000. Allied Private Wealth LLC purchased a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 2nd quarter valued at $120,000. Finally, Triumph Capital Management bought a new position in ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at $47,000.

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.