ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) Short Interest Update

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 8,700 shares, adeclineof23.0% from the July 15th total of 11,300 shares. Approximately0.1% of the shares of the stock are sold short. Based on an average trading volume of 35,300 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 35,300 shares, the short-interest ratio is presently 0.2 days. Approximately0.1% of the shares of the stock are sold short.

ETC 6 Meridian Mega Cap Equity ETF Stock Up 0.5%

ETC 6 Meridian Mega Cap Equity ETF stock opened at $49.86 on Thursday. The company’s 50-day moving average price is $48.68 and its 200-day moving average price is $47.09. ETC 6 Meridian Mega Cap Equity ETF has a twelve month low of $41.26 and a twelve month high of $49.93. The company has a market cap of $449.74 million, a PE ratio of 16.86 and a beta of 0.76.

Institutional Trading of ETC 6 Meridian Mega Cap Equity ETF

Large investors have recently made changes to their positions in the business. Clear Creek Financial Management LLC bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the 1st quarter worth about $5,047,000. Mainstay Capital Management LLC ADV bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the 1st quarter worth about $86,949,000. HighTower Advisors LLC increased its holdings in shares of ETC 6 Meridian Mega Cap Equity ETF by 4.8% in the 1st quarter. HighTower Advisors LLC now owns 6,484,121 shares of the company’s stock worth $301,706,000 after buying an additional 297,748 shares during the last quarter. CW Advisors LLC bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the 2nd quarter worth about $554,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the 2nd quarter worth about $36,000.

About ETC 6 Meridian Mega Cap Equity ETF

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.