ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Trading 4.9% Higher – Should You Buy?

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) shares rose 4.9% during trading on Thursday . The stock traded as high as $53.25 and last traded at $55.18. Approximately 26,787 shares traded hands during mid-day trading, The stock had previously closed at $52.60.

ALPS O’Shares U.S. Quality Dividend ETF Trading Up 4.9 %

The stock has a fifty day moving average of $53.92 and a two-hundred day moving average of $53.56. The stock has a market capitalization of $837.57 million, a price-to-earnings ratio of 25.68 and a beta of 0.85.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in OUSA. Fourth Dimension Wealth LLC bought a new position in ALPS O’Shares U.S. Quality Dividend ETF in the 4th quarter worth approximately $61,000. Wilmington Savings Fund Society FSB bought a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth $90,000. Summit Financial LLC lifted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 53.7% during the fourth quarter. Summit Financial LLC now owns 6,177 shares of the company’s stock valued at $328,000 after acquiring an additional 2,158 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 20.0% in the third quarter. Integrated Wealth Concepts LLC now owns 7,359 shares of the company’s stock valued at $397,000 after acquiring an additional 1,228 shares during the last quarter. Finally, Atlas Capital Advisors Inc. increased its position in ALPS O’Shares U.S. Quality Dividend ETF by 5.4% in the fourth quarter. Atlas Capital Advisors Inc. now owns 7,783 shares of the company’s stock worth $413,000 after purchasing an additional 400 shares during the period.

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.