ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) Trading Up 5.4% – Still a Buy?

ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR)’s share price rose 5.4% during trading on Wednesday . The stock traded as high as $27.93 and last traded at $28.97. Approximately 2,381 shares changed hands during mid-day trading, The stock had previously closed at $27.50.

ALPS O’Shares Europe Quality Dividend ETF Stock Up 6.4 %

The firm has a market cap of $38.90 million, a price-to-earnings ratio of 18.93 and a beta of 0.82. The company has a 50-day moving average price of $28.54 and a 200 day moving average price of $29.97.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ALPS O’Shares Europe Quality Dividend ETF stock. Janney Montgomery Scott LLC grew its stake in ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) by 14.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,845 shares of the company’s stock after buying an additional 7,375 shares during the period. Janney Montgomery Scott LLC owned approximately 4.27% of ALPS O’Shares Europe Quality Dividend ETF worth $1,813,000 as of its most recent SEC filing.

ALPS O’Shares Europe Quality Dividend ETF Company Profile

The ALPS O’Shares Europe Quality Dividend ETF Shares (OEUR) is an exchange-traded fund that is based on the O’Shares Europe Quality Dividend index. The fund selects and weights large and mid-cap Europe stocks based on three factors: high quality, low volatility, and high dividend yield. OEUR was launched on Aug 19, 2015 and is managed by ALPS.