ETC 6 Meridian Small Cap Equity ETF Plans Monthly Dividend of $0.05 (NYSEARCA:SIXS)

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a monthly dividend on Tuesday, February 24th. Investors of record on Wednesday, February 25th will be given a dividend of 0.0544 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 25th.

ETC 6 Meridian Small Cap Equity ETF Stock Performance

Shares of NYSEARCA:SIXS traded up $0.17 during trading on Wednesday, hitting $54.11. The company’s stock had a trading volume of 2,026 shares, compared to its average volume of 5,760. ETC 6 Meridian Small Cap Equity ETF has a fifty-two week low of $41.63 and a fifty-two week high of $54.91. The business has a 50 day moving average price of $52.55 and a two-hundred day moving average price of $50.70. The company has a market capitalization of $119.04 million, a PE ratio of 11.13 and a beta of 0.83.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ETC 6 Meridian Small Cap Equity ETF stock. Wealth Alliance Advisory Group LLC bought a new stake in ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,118 shares of the company’s stock, valued at approximately $716,000. Wealth Alliance Advisory Group LLC owned about 0.64% of ETC 6 Meridian Small Cap Equity ETF as of its most recent filing with the Securities & Exchange Commission.

About ETC 6 Meridian Small Cap Equity ETF

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.