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:OUSM) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $47.98 and last traded at $47.98, with a volume of 6056 shares. The stock had previously closed at $47.38.

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

The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 15.13 and a beta of 0.91. The firm has a 50-day simple moving average of $46.75 and a two-hundred day simple moving average of $45.88.

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

Several large investors have recently added to or reduced their stakes in OUSM. Ameriprise Financial Inc. lifted its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,992,713 shares of the company’s stock worth $89,292,000 after buying an additional 351,024 shares in the last quarter. Kickstand Ventures LLC. grew its stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% during the 4th 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. Advisory Services Network LLC increased its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 20.9% during the 4th quarter. Advisory Services Network LLC now owns 56,410 shares of the company’s stock worth $2,467,000 after purchasing an additional 9,752 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock worth $2,188,000 after purchasing an additional 30,538 shares during the period. Finally, Bank of New York Mellon Corp raised its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% in the 1st quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock valued at $1,645,000 after purchasing an additional 335 shares in the last quarter.

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.