Archer Investment Corp bought a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 788 shares of the company’s stock, valued at approximately $34,000.
Several other institutional investors and hedge funds have also bought and sold shares of OUSM. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 33.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 181,594 shares of the company’s stock worth $7,939,000 after purchasing an additional 45,773 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 82.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 26,262 shares of the company’s stock valued at $1,148,000 after purchasing an additional 11,885 shares during the period. Strategic Blueprint LLC bought a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF during the third quarter valued at about $276,000. Farmers & Merchants Investments Inc. purchased a new stake in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the third quarter worth about $160,000. Finally, Rosenberg Matthew Hamilton bought a new position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF in the fourth quarter worth about $26,000.
ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.6 %
Shares of BATS:OUSM opened at $43.87 on Friday. The company’s 50-day moving average is $44.56 and its 200 day moving average is $44.40. The company has a market cap of $630.85 million, a P/E ratio of 19.09 and a beta of 0.86.
About ALPS O’Shares U.S. Small-Cap Quality Dividend ETF
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.
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Want to see what other hedge funds are holding OUSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM – Free Report).
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