ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) Stock Price Up 5.4% – Still a Buy?

Shares of ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) were up 5.4% during trading on Wednesday . The company traded as high as $27.93 and last traded at $28.97. Approximately 2,381 shares traded hands during trading, The stock had previously closed at $27.50.

ALPS O’Shares Europe Quality Dividend ETF Stock Up 5.4 %

The company has a market capitalization of $38.53 million, a PE ratio of 18.93 and a beta of 0.82. The stock’s fifty day simple moving average is $28.52 and its 200-day simple moving average is $29.99.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ALPS O’Shares Europe Quality Dividend ETF stock. Janney Montgomery Scott LLC increased its stake in ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,845 shares of the company’s stock after purchasing an additional 7,375 shares during the period. Janney Montgomery Scott LLC owned 4.27% of ALPS O’Shares Europe Quality Dividend ETF worth $1,813,000 at the end of the most recent reporting period.

About ALPS O’Shares Europe Quality Dividend ETF

The ALPS O’Shares Europe Quality Dividend ETF Shares (OEUR) is an exchange-traded fund that is based on the O’Shares Europe Quality Dividend index. The fund selects and weights large and mid-cap Europe stocks based on three factors: high quality, low volatility, and high dividend yield. OEUR was launched on Aug 19, 2015 and is managed by ALPS.