HighTower Advisors LLC Increases Stock Position in ETC 6 Meridian Small Cap Equity ETF $SIXS

HighTower Advisors LLC raised its position in shares of ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,136,447 shares of the company’s stock after buying an additional 60,329 shares during the period. HighTower Advisors LLC owned about 0.97% of ETC 6 Meridian Small Cap Equity ETF worth $108,396,000 at the end of the most recent reporting period.

Separately, Wealth Alliance Advisory Group LLC purchased a new stake in ETC 6 Meridian Small Cap Equity ETF in the 4th quarter worth approximately $716,000.

ETC 6 Meridian Small Cap Equity ETF Stock Performance

NYSEARCA SIXS opened at $53.36 on Wednesday. ETC 6 Meridian Small Cap Equity ETF has a fifty-two week low of $44.89 and a fifty-two week high of $55.61. The stock has a 50 day simple moving average of $53.31 and a two-hundred day simple moving average of $52.22. The stock has a market cap of $125.40 million, a P/E ratio of 11.13 and a beta of 0.77.

ETC 6 Meridian Small Cap Equity ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were issued a $0.0544 dividend. The ex-dividend date was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 1.2%.

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.