ALPS O’Shares U.S. Quality Dividend ETF $OUSA Stake Lessened by High Note Wealth LLC

High Note Wealth LLC decreased its holdings in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 10.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,793 shares of the company’s stock after selling 200 shares during the quarter. High Note Wealth LLC’s holdings in ALPS O’Shares U.S. Quality Dividend ETF were worth $97,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of OUSA. USA Financial Formulas acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the 2nd quarter valued at about $536,000. Janney Montgomery Scott LLC grew its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 21.1% in the second quarter. Janney Montgomery Scott LLC now owns 169,186 shares of the company’s stock valued at $9,131,000 after purchasing an additional 29,493 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of ALPS O’Shares U.S. Quality Dividend ETF by 12.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 521,180 shares of the company’s stock valued at $28,128,000 after purchasing an additional 56,383 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF by 100.2% in the 1st quarter. NewEdge Advisors LLC now owns 62,683 shares of the company’s stock valued at $3,336,000 after acquiring an additional 31,369 shares during the last quarter. Finally, Summit Financial LLC grew its holdings in ALPS O’Shares U.S. Quality Dividend ETF by 25.2% during the 1st quarter. Summit Financial LLC now owns 7,734 shares of the company’s stock worth $412,000 after acquiring an additional 1,557 shares during the period.

ALPS O’Shares U.S. Quality Dividend ETF Trading Up 6.5%

BATS:OUSA opened at $56.75 on Tuesday. ALPS O’Shares U.S. Quality Dividend ETF has a 12 month low of $47.19 and a 12 month high of $55.86. The stock has a market capitalization of $855.71 million, a PE ratio of 22.27 and a beta of 0.80. The firm’s 50 day moving average is $55.72 and its 200 day moving average is $53.76.

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.