ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Sets New 52-Week High – What’s Next?

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) reached a new 52-week high during trading on Tuesday . The company traded as high as $61.92 and last traded at $61.92, with a volume of 10739 shares changing hands. The stock had previously closed at $61.26.

ALPS O’Shares U.S. Quality Dividend ETF Price Performance

The stock has a market cap of $935.56 million, a price-to-earnings ratio of 22.27 and a beta of 0.80. The firm has a 50 day simple moving average of $59.08 and a two-hundred day simple moving average of $58.24.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 2.5% in the third quarter. Ameriprise Financial Inc. now owns 466,160 shares of the company’s stock valued at $26,450,000 after buying an additional 11,355 shares during the period. Janney Montgomery Scott LLC boosted its stake in 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. Ascentis Independent Advisors bought a new position in ALPS O’Shares U.S. Quality Dividend ETF during the 1st quarter worth about $850,000. Allied Private Wealth LLC acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 2nd quarter valued at about $120,000. Finally, Triumph Capital Management acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at about $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.