Defiance Connective Technologies ETF (NYSEARCA:SIXG) Plans $0.10 Quarterly Dividend

Defiance Connective Technologies ETF (NYSEARCA:SIXG) declared a quarterly dividend on Tuesday, March 24th, NASDAQ Dividends reports. Investors of record on Wednesday, March 25th will be given a dividend of 0.0958 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 25th.

Defiance Connective Technologies ETF Price Performance

NYSEARCA SIXG traded up $2.06 during trading on Wednesday, reaching $71.45. 57,472 shares of the company’s stock were exchanged, compared to its average volume of 25,590. The business has a 50 day moving average price of $67.41 and a 200-day moving average price of $65.26. The stock has a market capitalization of $735.94 million, a P/E ratio of 32.82 and a beta of 1.18. Defiance Connective Technologies ETF has a fifty-two week low of $35.48 and a fifty-two week high of $72.23.

Hedge Funds Weigh In On Defiance Connective Technologies ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fortune Financial Group Inc. bought a new stake in shares of Defiance Connective Technologies ETF in the fourth quarter worth $368,000. Farther Finance Advisors LLC grew its stake in Defiance Connective Technologies ETF by 3,760.9% in the fourth quarter. Farther Finance Advisors LLC now owns 4,942 shares of the company’s stock valued at $315,000 after acquiring an additional 4,814 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in shares of Defiance Connective Technologies ETF by 121.2% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 7,381 shares of the company’s stock valued at $471,000 after buying an additional 4,044 shares in the last quarter. Thoroughbred Financial Services LLC bought a new position in Defiance Connective Technologies ETF in the 3rd quarter valued at about $207,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Defiance Connective Technologies ETF by 190.2% in the third quarter. NewEdge Advisors LLC now owns 4,986 shares of the company’s stock valued at $308,000 after purchasing an additional 3,268 shares during the last quarter.

About Defiance Connective Technologies ETF

The Defiance Connective Technologies ETF (SIXG) is an exchange-traded fund that is based on the BlueStar Connective Technologies index. The fund tracks an index of US-listed companies involved in the rollout of connective technologies. Investments consist of 50 companies, selected and weighted based on market capitalization. SIXG was launched on Mar 4, 2019 and is issued by Defiance.