HighTower Advisors LLC Buys 215,695 Shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA)

HighTower Advisors LLC grew its stake in shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) by 3.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,186,373 shares of the company’s stock after acquiring an additional 215,695 shares during the period. HighTower Advisors LLC owned about 1.07% of ETC 6 Meridian Mega Cap Equity ETF worth $273,871,000 at the end of the most recent quarter.

Separately, Fifth Third Securities Inc. purchased a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF during the fourth quarter valued at $2,021,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

Shares of SIXA opened at $45.66 on Wednesday. The firm has a market capitalization of $384.91 million, a PE ratio of 17.98 and a beta of 0.76. ETC 6 Meridian Mega Cap Equity ETF has a 1-year low of $39.46 and a 1-year high of $47.75. The company’s fifty day moving average price is $45.88 and its 200-day moving average price is $45.42.

ETC 6 Meridian Mega Cap Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were issued a $0.0704 dividend. The ex-dividend date was Thursday, February 27th.

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.