HighTower Advisors LLC Acquires 215,695 Shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA)

HighTower Advisors LLC raised its holdings in shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,186,373 shares of the company’s stock after acquiring an additional 215,695 shares during the quarter. HighTower Advisors LLC owned approximately 106.66% of ETC 6 Meridian Mega Cap Equity ETF worth $273,871,000 as of its most recent SEC filing.

Separately, Fifth Third Securities Inc. bought a new stake in ETC 6 Meridian Mega Cap Equity ETF during the fourth quarter valued at about $2,021,000.

ETC 6 Meridian Mega Cap Equity ETF Stock Down 1.5 %

NYSEARCA:SIXA opened at $45.66 on Wednesday. The business’s 50-day simple moving average is $45.88 and its two-hundred day simple moving average is $45.42. The stock has a market cap of $384.91 million, a PE ratio of 17.98 and a beta of 0.76. ETC 6 Meridian Mega Cap Equity ETF has a 52 week low of $39.46 and a 52 week high of $47.75.

ETC 6 Meridian Mega Cap Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were given a $0.0704 dividend. The ex-dividend date was Thursday, February 27th.

ETC 6 Meridian Mega Cap Equity ETF 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.