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) shares were up 5.4% during trading on Wednesday . The stock traded as high as $27.93 and last traded at $28.97. Approximately 2,381 shares traded hands during mid-day trading, The stock had previously closed at $27.50.

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

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

Hedge Funds Weigh In On ALPS O’Shares Europe Quality Dividend ETF

An institutional investor recently raised its position in ALPS O’Shares Europe Quality Dividend ETF stock. Janney Montgomery Scott LLC grew its position in shares of ALPS O’Shares Europe Quality Dividend ETF (BATS:OEUR) by 14.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 56,845 shares of the company’s stock after purchasing an additional 7,375 shares during the quarter. Janney Montgomery Scott LLC owned 4.27% of ALPS O’Shares Europe Quality Dividend ETF worth $1,813,000 as of its most recent filing with the SEC.

About ALPS O’Shares Europe Quality Dividend ETF

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.