ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) is Thurston Springer Miller Herd & Titak Inc.’s 3rd Largest Position

Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 87.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 448,143 shares of the company’s stock after purchasing an additional 209,056 shares during the period. ALPS O’Shares U.S. Quality Dividend ETF accounts for about 4.8% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its 3rd largest position. Thurston Springer Miller Herd & Titak Inc.’s holdings in ALPS O’Shares U.S. Quality Dividend ETF were worth $23,805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Carderock Capital Management Inc. acquired a new stake in ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at about $273,000. Integrated Wealth Concepts LLC grew its stake in ALPS O’Shares U.S. Quality Dividend ETF by 20.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,359 shares of the company’s stock valued at $397,000 after acquiring an additional 1,228 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at about $90,000. Finally, JPMorgan Chase & Co. grew its stake in ALPS O’Shares U.S. Quality Dividend ETF by 39.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,812 shares of the company’s stock valued at $422,000 after acquiring an additional 2,223 shares during the last quarter.

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

Shares of BATS OUSA opened at $52.60 on Wednesday. The firm has a market cap of $804.78 million, a PE ratio of 24.62 and a beta of 0.75. The company has a 50 day simple moving average of $54.17 and a 200-day simple moving average of $52.86.

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