Richardson Capital Management LLC Invests $160,000 in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM)

Richardson Capital Management LLC acquired a new position in ALPS O’Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 3,750 shares of the company’s stock, valued at approximately $160,000.

Separately, ORG Partners LLC increased its position in shares of ALPS O’Shares U.S. Small-Cap Quality Dividend ETF by 1,177.8% in the fourth quarter. ORG Partners LLC now owns 25,773 shares of the company’s stock worth $1,011,000 after acquiring an additional 23,756 shares in the last quarter.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Trading Up 0.5 %

OUSM traded up $0.21 on Friday, reaching $41.23. 48,174 shares of the company traded hands. The business has a 50-day moving average price of $41.26 and a 200 day moving average price of $40.45. The stock has a market cap of $592.89 million, a P/E ratio of 19.09 and a beta of 0.86.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 25th. Investors of record on Thursday, June 20th were given a dividend of $0.0485 per share. The ex-dividend date was Thursday, June 20th.

ALPS O’Shares U.S. Small-Cap Quality Dividend ETF Profile

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.