Harbour Investments Inc. Takes Position in ETC 6 Meridian Mega Cap Equity ETF $SIXA

Harbour Investments Inc. bought a new stake in ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,191 shares of the company’s stock, valued at approximately $106,000.

Several other institutional investors also recently bought and sold shares of SIXA. Foresight Capital Management Advisors Inc. acquired a new stake in ETC 6 Meridian Mega Cap Equity ETF in the second quarter valued at approximately $540,000. Goldman Sachs Group Inc. acquired a new stake in ETC 6 Meridian Mega Cap Equity ETF in the first quarter valued at approximately $768,000. Clear Creek Financial Management LLC acquired a new stake in ETC 6 Meridian Mega Cap Equity ETF in the first quarter valued at approximately $5,047,000. Mainstay Capital Management LLC ADV acquired a new stake in ETC 6 Meridian Mega Cap Equity ETF in the first quarter valued at approximately $86,949,000. Finally, HighTower Advisors LLC boosted its stake in ETC 6 Meridian Mega Cap Equity ETF by 4.8% in the first quarter. HighTower Advisors LLC now owns 6,484,121 shares of the company’s stock valued at $301,706,000 after acquiring an additional 297,748 shares in the last quarter.

ETC 6 Meridian Mega Cap Equity ETF Stock Down 0.3%

Shares of SIXA opened at $49.21 on Friday. The company has a market cap of $414.84 million, a price-to-earnings ratio of 16.86 and a beta of 0.76. ETC 6 Meridian Mega Cap Equity ETF has a twelve month low of $41.26 and a twelve month high of $50.10. The company has a 50 day moving average of $49.52 and a two-hundred day moving average of $48.09.

ETC 6 Meridian Mega Cap Equity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were issued a $0.09 dividend. This is an increase from ETC 6 Meridian Mega Cap Equity ETF’s previous monthly dividend of $0.04. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, September 29th.

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.