2,191 Shares in ETC 6 Meridian Mega Cap Equity ETF $SIXA Purchased by Harbour Investments Inc.

Harbour Investments Inc. acquired a new position in ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,191 shares of the company’s stock, valued at approximately $106,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV grew its stake in ETC 6 Meridian Mega Cap Equity ETF by 122.0% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 4,148,956 shares of the company’s stock worth $201,224,000 after acquiring an additional 2,280,287 shares in the last quarter. Foresight Capital Management Advisors Inc. bought a new position in ETC 6 Meridian Mega Cap Equity ETF in the 2nd quarter worth about $540,000. Goldman Sachs Group Inc. bought a new position in ETC 6 Meridian Mega Cap Equity ETF in the 1st quarter worth about $768,000. HighTower Advisors LLC grew its stake in ETC 6 Meridian Mega Cap Equity ETF by 4.8% in the 1st quarter. HighTower Advisors LLC now owns 6,484,121 shares of the company’s stock worth $301,706,000 after acquiring an additional 297,748 shares in the last quarter. Finally, Clear Creek Financial Management LLC bought a new position in ETC 6 Meridian Mega Cap Equity ETF in the 1st quarter worth about $5,047,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

Shares of SIXA stock opened at $49.21 on Friday. The company has a market capitalization of $414.84 million, a P/E ratio of 16.86 and a beta of 0.76. The company’s 50-day simple moving average is $49.52 and its two-hundred day simple moving average is $48.09. ETC 6 Meridian Mega Cap Equity ETF has a one year low of $41.26 and a one year high of $50.10.

ETC 6 Meridian Mega Cap Equity ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were paid a dividend of $0.09 per share. This is a boost 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 was Monday, September 29th.

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.