JPMorgan Chase & Co. Has $422,000 Stock Holdings in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA)

JPMorgan Chase & Co. boosted its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 39.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,812 shares of the company’s stock after acquiring an additional 2,223 shares during the quarter. JPMorgan Chase & Co. owned 0.05% of ALPS O’Shares U.S. Quality Dividend ETF worth $422,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OUSA. Wilmington Savings Fund Society FSB acquired a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the 3rd quarter valued at approximately $90,000. Carderock Capital Management Inc. bought a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at $273,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 20.0% during the third quarter. Integrated Wealth Concepts LLC now owns 7,359 shares of the company’s stock worth $397,000 after buying an additional 1,228 shares during the period.

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

Shares of BATS OUSA opened at $54.49 on Thursday. The company has a market capitalization of $833.76 million, a P/E ratio of 24.62 and a beta of 0.75. The business’s fifty day moving average price is $54.04 and its two-hundred day moving average price is $53.13.

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