ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH – Get Free Report) announced a monthly dividend on Wednesday, August 26th. Investors of record on Thursday, August 27th will be paid a dividend of 0.0142 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 27th.
ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance
Shares of SIXH opened at $44.23 on Friday. ETC 6 Meridian Hedged Equity Index Option Strategy has a 12 month low of $37.48 and a 12 month high of $44.80. The stock has a fifty day moving average price of $43.54 and a 200 day moving average price of $42.68. The company has a market cap of $581.62 million, a P/E ratio of 16.87 and a beta of 0.31.
Institutional Trading of ETC 6 Meridian Hedged Equity Index Option Strategy
Large investors have recently modified their holdings of the company. HighTower Advisors LLC boosted its stake in ETC 6 Meridian Hedged Equity Index Option Strategy by 1.3% during the 4th quarter. HighTower Advisors LLC now owns 12,378,415 shares of the company’s stock valued at $486,199,000 after purchasing an additional 156,835 shares during the period. Jane Street Group LLC acquired a new stake in shares of ETC 6 Meridian Hedged Equity Index Option Strategy in the first quarter valued at approximately $1,272,000. OLD Mission Capital LLC increased its stake in shares of ETC 6 Meridian Hedged Equity Index Option Strategy by 99.2% in the fourth quarter. OLD Mission Capital LLC now owns 13,255 shares of the company’s stock valued at $521,000 after purchasing an additional 6,600 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of ETC 6 Meridian Hedged Equity Index Option Strategy during the second quarter valued at approximately $74,000.
About ETC 6 Meridian Hedged Equity Index Option Strategy
The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.
See Also
- Five stocks we like better than ETC 6 Meridian Hedged Equity Index Option Strategy
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for ETC 6 Meridian Hedged Equity Index Option Strategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETC 6 Meridian Hedged Equity Index Option Strategy and related companies with MarketBeat.com's FREE daily email newsletter.
