JPMorgan Chase & Co. Buys 2,223 Shares of ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA)

JPMorgan Chase & Co. raised its stake in ALPS O’Shares U.S. Quality Dividend ETF (BATS:OUSA) by 39.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,812 shares of the company’s stock after purchasing an additional 2,223 shares during the period. JPMorgan Chase & Co.’s holdings in ALPS O’Shares U.S. Quality Dividend ETF were worth $422,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OUSA. Wilmington Savings Fund Society FSB acquired a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF in the 3rd quarter valued at about $90,000. Carderock Capital Management Inc. bought a new stake in shares of ALPS O’Shares U.S. Quality Dividend ETF during the third quarter valued at approximately $273,000. Finally, Integrated Wealth Concepts LLC raised its position in shares of ALPS O’Shares U.S. Quality Dividend ETF by 20.0% during the third quarter. Integrated Wealth Concepts LLC now owns 7,359 shares of the company’s stock worth $397,000 after purchasing an additional 1,228 shares during the period.

ALPS O’Shares U.S. Quality Dividend ETF Trading Up 3.6 %

BATS OUSA opened at $54.49 on Thursday. The firm has a market cap of $833.76 million, a P/E ratio of 24.62 and a beta of 0.75. The company has a 50-day simple moving average of $54.04 and a two-hundred day simple moving average of $53.13.

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

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.