ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) Shares Up 0.9% – Should You Buy?

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM)’s stock price were up 0.9% during trading on Thursday . The stock traded as high as $44.95 and last traded at $45.3040. Approximately 95,044 shares were traded during trading, a decline of 5% from the average daily volume of 99,887 shares. The stock had previously closed at $44.91.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.9%

The firm has a market capitalization of $955.01 million, a price-to-earnings ratio of 15.13 and a beta of 0.91. The firm has a 50 day moving average price of $44.52 and a two-hundred day moving average price of $44.31.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, January 27th. Shareholders of record on Thursday, January 22nd were paid a dividend of $0.034 per share. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, January 22nd.

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

A number of hedge funds have recently made changes to their positions in OUSM. Crews Bank & Trust purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the 2nd quarter worth $338,000. Horan Securities Inc. raised its position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 19.6% in the second quarter. Horan Securities Inc. now owns 12,738 shares of the company’s stock valued at $550,000 after purchasing an additional 2,085 shares during the period. Moloney Securities Asset Management LLC lifted its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 8.7% during the second quarter. Moloney Securities Asset Management LLC now owns 5,645 shares of the company’s stock worth $244,000 after purchasing an additional 453 shares in the last quarter. Morgan Dempsey Capital Management LLC boosted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 67.4% in the second quarter. Morgan Dempsey Capital Management LLC now owns 3,291 shares of the company’s stock worth $142,000 after buying an additional 1,325 shares during the period. Finally, USA Financial Formulas acquired a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the second quarter valued at about $263,000.

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

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.