Wilmington Savings Fund Society FSB Makes New $90,000 Investment in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA)

Wilmington Savings Fund Society FSB bought a new stake in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,669 shares of the company’s stock, valued at approximately $90,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Carderock Capital Management Inc. acquired a new stake in ALPS O’Shares U.S. Quality Dividend ETF during the third quarter worth approximately $273,000. Integrated Wealth Concepts LLC lifted its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 20.0% during 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 period. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the 2nd quarter worth $50,000.

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

OUSA stock opened at $53.51 on Friday. The company has a 50 day moving average of $54.43 and a 200-day moving average of $52.39. The firm has a market capitalization of $818.70 million, a P/E ratio of 24.62 and a beta of 0.75.

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.