ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Sets New 52-Week High – Should You Buy?

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA – Get Free Report) shares hit a new 52-week high on Tuesday. The company traded as high as $62.79 and last traded at $62.8110, with a volume of 16,033 shares changing hands. The stock had previously closed at $62.18.

ALPS O’Shares U.S. Quality Dividend ETF Trading Down 0.2%

The firm has a 50-day moving average of $61.20 and a 200-day moving average of $59.58. The stock has a market capitalization of $730.82 million, a price-to-earnings ratio of 22.27 and a beta of 0.74.

Institutional Trading of ALPS O’Shares U.S. Quality Dividend ETF

Several large investors have recently added to or reduced their stakes in OUSA. Allied Private Wealth LLC acquired a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the second quarter valued at about $120,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth about $578,000. Ascentis Independent Advisors acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the first quarter worth about $850,000. Finally, Janney Montgomery Scott LLC boosted its position in ALPS O’Shares U.S. Quality Dividend ETF by 7.2% in the first quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock valued at $1,425,000 after buying an additional 1,722 shares during the last quarter.

About ALPS O’Shares U.S. Quality Dividend ETF

(Get Free Report)

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.

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