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

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $47.95 and last traded at $47.95, with a volume of 5903 shares changing hands. The stock had previously closed at $47.13.

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

The stock has a market cap of $1.00 billion, a P/E ratio of 15.13 and a beta of 0.91. The stock’s fifty day moving average is $46.54 and its 200 day moving average is $45.62.

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

Several large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. lifted its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 8.1% in the second quarter. Ameriprise Financial Inc. now owns 1,641,689 shares of the company’s stock worth $70,934,000 after buying an additional 122,578 shares during the last quarter. Kickstand Ventures LLC. increased its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.0% during the third quarter. Kickstand Ventures LLC. now owns 110,113 shares of the company’s stock valued at $4,933,000 after acquiring an additional 2,179 shares during the last quarter. Triumph Capital Management bought a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter valued at $48,000. USA Financial Formulas raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 3.1% in the fourth quarter. USA Financial Formulas now owns 7,815 shares of the company’s stock valued at $342,000 after acquiring an additional 237 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock valued at $2,188,000 after acquiring an additional 30,538 shares during the period.

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

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.