ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Raises Dividend to $0.12 Per Share

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1174 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 66.8% increase from ETC 6 Meridian Mega Cap Equity ETF’s previous dividend of $0.07.

ETC 6 Meridian Mega Cap Equity ETF Stock Performance

Shares of NYSEARCA SIXA traded down $0.16 during trading hours on Thursday, hitting $46.51. The stock had a trading volume of 12,001 shares, compared to its average volume of 15,366. The firm’s 50-day moving average price is $46.32 and its two-hundred day moving average price is $45.57. ETC 6 Meridian Mega Cap Equity ETF has a 52 week low of $39.46 and a 52 week high of $47.75. The company has a market capitalization of $392.08 million, a P/E ratio of 17.98 and a beta of 0.76.

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.