CW Advisors LLC Invests $554,000 in ETC 6 Meridian Mega Cap Equity ETF $SIXA

CW Advisors LLC bought a new position in ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 11,430 shares of the company’s stock, valued at approximately $554,000. CW Advisors LLC owned 0.13% of ETC 6 Meridian Mega Cap Equity ETF as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SIXA. JPMorgan Chase & Co. purchased a new stake in ETC 6 Meridian Mega Cap Equity ETF in the second quarter worth about $36,000. Harbour Investments Inc. purchased a new stake in ETC 6 Meridian Mega Cap Equity ETF in the 2nd quarter worth approximately $106,000. Foresight Capital Management Advisors Inc. bought a new stake in ETC 6 Meridian Mega Cap Equity ETF during the 2nd quarter worth approximately $540,000. Goldman Sachs Group Inc. purchased a new position in ETC 6 Meridian Mega Cap Equity ETF during the first quarter valued at approximately $768,000. Finally, Midwest Trust Co bought a new position in shares of ETC 6 Meridian Mega Cap Equity ETF in the second quarter worth approximately $6,229,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

Shares of NYSEARCA SIXA opened at $49.43 on Wednesday. The stock has a market cap of $401.37 million, a PE ratio of 16.86 and a beta of 0.72. ETC 6 Meridian Mega Cap Equity ETF has a 1 year low of $41.26 and a 1 year high of $50.10. The firm has a fifty day moving average price of $49.22 and a 200-day moving average price of $48.97.

ETC 6 Meridian Mega Cap Equity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Tuesday, November 25th were issued a dividend of $0.0545 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a c) dividend on an annualized basis and a yield of 1.3%.

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.