ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Increases Dividend to $0.09 Per Share

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) announced a dividend on Monday, September 23rd, NASDAQ reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.0874 per share on Wednesday, September 25th. The ex-dividend date of this dividend is Tuesday, September 24th. This is a positive change from ETC 6 Meridian Mega Cap Equity ETF’s previous dividend of $0.05.

ETC 6 Meridian Mega Cap Equity ETF Stock Performance

Shares of NYSEARCA SIXA remained flat at $44.94 during mid-day trading on Tuesday. 2,595 shares of the company traded hands, compared to its average volume of 5,215. ETC 6 Meridian Mega Cap Equity ETF has a twelve month low of $32.32 and a twelve month high of $45.03. The company has a market cap of $260.64 million, a price-to-earnings ratio of 18.70 and a beta of 0.75. The firm’s 50 day moving average price is $43.35 and its 200-day moving average price is $41.73.

ETC 6 Meridian Mega Cap Equity ETF Company 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.