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

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

ALPS O’Shares U.S. Quality Dividend ETF Stock Up 4.1 %

The stock has a market capitalization of $831.04 million, a P/E ratio of 25.68 and a beta of 0.85. The business’s 50 day simple moving average is $53.92 and its two-hundred day simple moving average is $53.60.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 39.8% during the third quarter. JPMorgan Chase & Co. now owns 7,812 shares of the company’s stock valued at $422,000 after purchasing an additional 2,223 shares in the last quarter. Integrated Wealth Concepts LLC lifted 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 valued at $397,000 after purchasing an additional 1,228 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 299.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 83,264 shares of the company’s stock valued at $4,423,000 after purchasing an additional 62,427 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 87.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 448,143 shares of the company’s stock valued at $23,805,000 after purchasing an additional 209,056 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF during the third quarter valued at about $90,000.

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.