HighTower Advisors LLC Raises Holdings in ETC 6 Meridian Small Cap Equity ETF $SIXS

HighTower Advisors LLC boosted its stake in shares of ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) by 2.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,136,447 shares of the company’s stock after acquiring an additional 60,329 shares during the quarter. HighTower Advisors LLC owned 97.11% of ETC 6 Meridian Small Cap Equity ETF worth $108,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Wealth Alliance Advisory Group LLC purchased a new stake in ETC 6 Meridian Small Cap Equity ETF during the 4th quarter valued at about $716,000.

ETC 6 Meridian Small Cap Equity ETF Price Performance

Shares of SIXS stock opened at $53.36 on Wednesday. The stock has a market capitalization of $125.40 million, a PE ratio of 11.13 and a beta of 0.77. ETC 6 Meridian Small Cap Equity ETF has a 1-year low of $44.89 and a 1-year high of $55.61. The business has a 50-day moving average of $53.31 and a 200 day moving average of $52.22.

ETC 6 Meridian Small Cap Equity ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.0544 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 1.2%.

ETC 6 Meridian Small Cap Equity ETF Company Profile

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.