ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Plans Dividend Increase – $0.05 Per Share

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) declared a dividend on Tuesday, July 23rd, NASDAQ reports. Investors of record on Wednesday, July 24th will be paid a dividend of 0.0468 per share on Thursday, July 25th. The ex-dividend date is Wednesday, July 24th. This is a positive change from ETC 6 Meridian Small Cap Equity ETF’s previous dividend of $0.03.

ETC 6 Meridian Small Cap Equity ETF Price Performance

ETC 6 Meridian Small Cap Equity ETF stock traded down $0.38 during mid-day trading on Wednesday, reaching $48.68. The stock had a trading volume of 11,059 shares, compared to its average volume of 2,688. The company has a market capitalization of $80.32 million, a price-to-earnings ratio of 8.65 and a beta of 0.77. The company has a 50-day moving average price of $45.89 and a two-hundred day moving average price of $46.01. ETC 6 Meridian Small Cap Equity ETF has a one year low of $40.73 and a one year high of $49.33.

ETC 6 Meridian Small Cap Equity ETF Company 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.