ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Sets New 1-Year High – Time to Buy?

Shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) reached a new 52-week high on Wednesday . The stock traded as high as $47.97 and last traded at $47.92, with a volume of 56535 shares changing hands. The stock had previously closed at $47.52.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Stock Performance

The firm has a market cap of $1.01 billion, a P/E ratio of 15.13 and a beta of 0.91. The company has a 50-day moving average of $46.64 and a 200 day moving average of $45.72.

Institutional Investors Weigh In On ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

Several large investors have recently made changes to their positions in OUSM. Ameriprise Financial Inc. lifted its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,992,713 shares of the company’s stock valued at $89,292,000 after purchasing an additional 351,024 shares during the last quarter. Kickstand Ventures LLC. raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the fourth quarter. Kickstand Ventures LLC. now owns 112,936 shares of the company’s stock valued at $4,940,000 after acquiring an additional 2,823 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 20.9% in the fourth quarter. Advisory Services Network LLC now owns 56,410 shares of the company’s stock valued at $2,467,000 after acquiring an additional 9,752 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock worth $2,188,000 after acquiring an additional 30,538 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 0.9% in the 1st quarter. Bank of New York Mellon Corp now owns 37,615 shares of the company’s stock worth $1,645,000 after acquiring an additional 335 shares in the last quarter.

About ALPS O’Shares U.S. Small-Cap Quality Dividend ETF

The ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Shares (OUSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, high dividend yield, and dividend quality factors. OUSM was launched on Dec 30, 2016 and is managed by ALPS.