ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Announces Monthly Dividend of $0.05

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) declared a monthly dividend on Monday, November 24th. Investors of record on Tuesday, November 25th will be given a dividend of 0.0545 per share on Wednesday, November 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, November 25th.

ETC 6 Meridian Mega Cap Equity ETF Trading Up 0.1%

SIXA opened at $49.01 on Tuesday. The stock’s fifty day simple moving average is $49.21 and its 200 day simple moving average is $48.75. ETC 6 Meridian Mega Cap Equity ETF has a 1-year low of $41.26 and a 1-year high of $50.10. The stock has a market cap of $397.96 million, a PE ratio of 16.86 and a beta of 0.72.

About ETC 6 Meridian Mega Cap Equity ETF

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.