ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA) Hits New 12-Month High – Still a Buy?

ALPS O’Shares U.S. Quality Dividend ETF (NYSEARCA:OUSA – Get Free Report) reached a new 52-week high on Thursday. The company traded as high as $65.68 and last traded at $65.2760, with a volume of 3,742 shares. The stock had previously closed at $63.14.

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

The stock has a market capitalization of $750.92 million, a price-to-earnings ratio of 22.27 and a beta of 0.74. The business has a 50-day moving average of $61.42 and a 200-day moving average of $59.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the first quarter valued at about $850,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at approximately $578,000. Wedbush Securities Inc. purchased a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at approximately $539,000. Kingswood Wealth Advisors LLC acquired a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter worth approximately $295,000. Finally, Allied Private Wealth LLC acquired a new position in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 2nd quarter worth approximately $120,000.

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

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for ALPS O'Shares U.S. Quality Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALPS O'Shares U.S. Quality Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.