ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Announces Dividend of $0.08

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.0833 per share on Friday, March 28th. The ex-dividend date is Thursday, March 27th. This is a 98.3% increase from ETC 6 Meridian Low Beta Equity Strategy ETF’s previous dividend of $0.04.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Performance

NYSEARCA SIXL traded up $0.13 during trading hours on Thursday, hitting $37.45. 1,676 shares of the company’s stock were exchanged, compared to its average volume of 4,831. The firm has a market capitalization of $190.25 million, a P/E ratio of 19.52 and a beta of 0.66. ETC 6 Meridian Low Beta Equity Strategy ETF has a 12-month low of $33.01 and a 12-month high of $39.47. The business’s 50 day moving average is $37.66 and its 200-day moving average is $37.65.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.