Clear Creek Financial Management LLC Sells 1,860 Shares of ETC 6 Meridian Mega Cap Equity ETF $SIXA

Clear Creek Financial Management LLC lessened its holdings in shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) by 1.7% in the second quarter, HoldingsChannel.com reports. The fund owned 106,613 shares of the company’s stock after selling 1,860 shares during the period. Clear Creek Financial Management LLC’s holdings in ETC 6 Meridian Mega Cap Equity ETF were worth $5,171,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Foresight Capital Management Advisors Inc. bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF during the 2nd quarter valued at about $540,000. Goldman Sachs Group Inc. bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF during the 1st quarter valued at about $768,000. HighTower Advisors LLC lifted its position 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 buying an additional 297,748 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV bought a new stake in ETC 6 Meridian Mega Cap Equity ETF in the 1st quarter worth approximately $86,949,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

NYSEARCA:SIXA opened at $49.25 on Thursday. The business has a 50 day moving average of $49.49 and a 200 day moving average of $47.83. The company has a market capitalization of $433.40 million, a price-to-earnings ratio of 16.86 and a beta of 0.76. ETC 6 Meridian Mega Cap Equity ETF has a 1-year low of $41.26 and a 1-year high of $50.10.

ETC 6 Meridian Mega Cap Equity ETF Increases Dividend

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

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.