Brighton Jones LLC Purchases 41,209 Shares of ETC 6 Meridian Mega Cap Equity ETF $SIXA

Brighton Jones LLC acquired a new position in shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 41,209 shares of the company’s stock, valued at approximately $2,338,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

Shares of SIXA stock opened at $57.42 on Tuesday. The stock’s 50-day moving average is $57.57 and its 200 day moving average is $55.51. ETC 6 Meridian Mega Cap Equity ETF has a 1-year low of $48.42 and a 1-year high of $58.95. The company has a market cap of $552.38 million, a P/E ratio of 16.86 and a beta of 0.66.

ETC 6 Meridian Mega Cap Equity ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 28th were given a dividend of $0.1683 per share. The ex-dividend date of this dividend was Wednesday, October 28th. This is a positive change from ETC 6 Meridian Mega Cap Equity ETF’s previous monthly dividend of $0.1026. This represents a $2.02 annualized dividend and a dividend yield of 3.5%.

ETC 6 Meridian Mega Cap Equity ETF Company 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.