ETC 6 Meridian Mega Cap Equity ETF $SIXA Position Lessened by Midwest Trust Co

Midwest Trust Co decreased its position in ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) by 15.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 109,025 shares of the company’s stock after selling 19,406 shares during the quarter. Midwest Trust Co owned about 1.34% of ETC 6 Meridian Mega Cap Equity ETF worth $5,415,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Goldman Sachs Group Inc. bought a new position in shares of ETC 6 Meridian Mega Cap Equity ETF in the first quarter valued at approximately $768,000. Harbour Investments Inc. bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the second quarter valued at approximately $106,000. JPMorgan Chase & Co. acquired a new position in shares of ETC 6 Meridian Mega Cap Equity ETF in the second quarter valued at $36,000. CW Advisors LLC bought a new stake in ETC 6 Meridian Mega Cap Equity ETF in the 2nd quarter valued at $554,000. Finally, Osaic Holdings Inc. raised its stake in shares of ETC 6 Meridian Mega Cap Equity ETF by 1,022.0% in the 2nd quarter. Osaic Holdings Inc. now owns 10,996 shares of the company’s stock valued at $533,000 after buying an additional 10,016 shares in the last quarter.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

SIXA stock opened at $53.45 on Wednesday. The business has a fifty day moving average price of $50.85 and a 200 day moving average price of $49.86. ETC 6 Meridian Mega Cap Equity ETF has a fifty-two week low of $41.26 and a fifty-two week high of $53.65. The stock has a market capitalization of $451.65 million, a price-to-earnings ratio of 16.86 and a beta of 0.72.

ETC 6 Meridian Mega Cap Equity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 28th were given a dividend of $0.087 per share. The ex-dividend date was Wednesday, January 28th. This represents a c) annualized dividend and a yield of 2.0%.

ETC 6 Meridian Mega Cap Equity ETF Profile

The ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US equities selected from the Russell 3000 Index. SIXA was launched on May 11, 2020 and is managed by Meridian.