ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG) Stock Price Down 0.3% – Here’s Why

ETC 6 Meridian Quality Growth ETF (NYSEARCA:SXQG)’s share price fell 0.3% on Wednesday . The stock traded as low as $33.42 and last traded at $33.42. 95 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 3,468 shares. The stock had previously closed at $33.52.

ETC 6 Meridian Quality Growth ETF Trading Down 0.3%

The firm’s fifty day moving average price is $33.23 and its 200 day moving average price is $31.98. The stock has a market capitalization of $66.84 million, a price-to-earnings ratio of 28.56 and a beta of 1.07.

ETC 6 Meridian Quality Growth ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 28th were issued a $0.0021 dividend. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, August 28th.

About ETC 6 Meridian Quality Growth ETF

The ETC 6 Meridian Quality Growth ETF (SXQG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US-based companies that exhibit high quality and growth characteristics relative to their peers. SXQG was launched on May 10, 2021 and is managed by Meridian.