Ascentis Independent Advisors Takes $1.16 Million Position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF $OUSM

Ascentis Independent Advisors bought a new stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 26,617 shares of the company’s stock, valued at approximately $1,164,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 21.4% in 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 in the last quarter. Kickstand Ventures LLC. lifted its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% during the fourth quarter. Kickstand Ventures LLC. now owns 112,936 shares of the company’s stock worth $4,940,000 after purchasing an additional 2,823 shares in the last quarter. Advisory Services Network LLC lifted its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 20.9% during the fourth quarter. Advisory Services Network LLC now owns 56,410 shares of the company’s stock worth $2,467,000 after purchasing an additional 9,752 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 156.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 50,013 shares of the company’s stock worth $2,188,000 after buying an additional 30,538 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 27,323 shares of the company’s stock valued at $1,195,000 after buying an additional 702 shares in the last quarter.

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

Shares of BATS:OUSM opened at $47.45 on Wednesday. The company has a market cap of $1.00 billion, a P/E ratio of 15.13 and a beta of 0.91. ALPS O’Shares U.S. Small-Cap Quality Dividend ETF has a one year low of $42.08 and a one year high of $47.97. The business’s 50-day simple moving average is $46.69 and its 200 day simple moving average is $45.78.

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