ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) Shares Down 0.6% – Time to Sell?

ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) shares were down 0.6% during mid-day trading on Wednesday . The company traded as low as $58.10 and last traded at $58.10. Approximately 9,394 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 31,070 shares. The stock had previously closed at $58.46.

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

The stock’s fifty day moving average price is $57.62 and its 200-day moving average price is $57.82. The firm has a market cap of $876.15 million, a PE ratio of 22.27 and a beta of 0.80.

Institutional Trading of ALPS O’Shares U.S. Quality Dividend ETF

Institutional investors have recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth $47,000. KERR FINANCIAL PLANNING Corp purchased a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth $496,000. USA Financial Formulas boosted its position in ALPS O’Shares U.S. Quality Dividend ETF by 3.2% during the fourth quarter. USA Financial Formulas now owns 12,493 shares of the company’s stock worth $721,000 after purchasing an additional 388 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the first quarter worth $850,000. Finally, Janney Montgomery Scott LLC boosted its position in ALPS O’Shares U.S. Quality Dividend ETF by 7.2% during the first quarter. Janney Montgomery Scott LLC now owns 25,594 shares of the company’s stock worth $1,425,000 after purchasing an additional 1,722 shares in the last quarter.

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.