HighTower Advisors LLC Has $85.73 Million Stock Position in ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS)

HighTower Advisors LLC increased its stake in shares of ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,759,568 shares of the company’s stock after buying an additional 84,158 shares during the period. HighTower Advisors LLC owned 106.64% of ETC 6 Meridian Small Cap Equity ETF worth $85,731,000 at the end of the most recent quarter.

ETC 6 Meridian Small Cap Equity ETF Stock Down 0.7 %

Shares of NYSEARCA SIXS opened at $52.30 on Wednesday. The firm’s 50-day simple moving average is $49.67 and its 200 day simple moving average is $47.94. The company has a market cap of $86.30 million, a price-to-earnings ratio of 8.65 and a beta of 0.77. ETC 6 Meridian Small Cap Equity ETF has a 12-month low of $44.15 and a 12-month high of $52.97.

ETC 6 Meridian Small Cap Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 24th were given a dividend of $0.0315 per share. The ex-dividend date was Tuesday, September 24th.

ETC 6 Meridian Small Cap Equity ETF 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.