Clear Creek Financial Management LLC Lowers Stock Holdings in ETC 6 Meridian Mega Cap Equity ETF $SIXA

Clear Creek Financial Management LLC cut its stake in shares of ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) by 27.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,737 shares of the company’s stock after selling 28,876 shares during the quarter. Clear Creek Financial Management LLC owned approximately 0.96% of ETC 6 Meridian Mega Cap Equity ETF worth $3,861,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of ETC 6 Meridian Mega Cap Equity ETF by 700.0% in the third quarter. JPMorgan Chase & Co. now owns 6,000 shares of the company’s stock valued at $298,000 after purchasing an additional 5,250 shares during the period. HighTower Advisors LLC raised its position in ETC 6 Meridian Mega Cap Equity ETF by 6.6% during the 3rd quarter. HighTower Advisors LLC now owns 7,090,064 shares of the company’s stock valued at $352,169,000 after purchasing an additional 438,682 shares in the last quarter. Perigon Wealth Management LLC purchased a new stake in shares of ETC 6 Meridian Mega Cap Equity ETF in the 3rd quarter worth $427,000. Osaic Holdings Inc. grew its position in shares of ETC 6 Meridian Mega Cap Equity ETF by 1,022.0% during the 2nd quarter. Osaic Holdings Inc. now owns 10,996 shares of the company’s stock worth $533,000 after buying an additional 10,016 shares in the last quarter. Finally, CW Advisors LLC purchased a new position in shares of ETC 6 Meridian Mega Cap Equity ETF during the second quarter valued at $554,000.

ETC 6 Meridian Mega Cap Equity ETF Price Performance

SIXA stock opened at $53.65 on Friday. ETC 6 Meridian Mega Cap Equity ETF has a 1-year low of $41.26 and a 1-year high of $54.16. The business has a 50-day moving average price of $51.40 and a 200 day moving average price of $50.09. The company has a market capitalization of $453.34 million, a P/E ratio of 16.86 and a beta of 0.72.

ETC 6 Meridian Mega Cap Equity ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 28th were issued a $0.087 dividend. The ex-dividend date was Wednesday, January 28th. This represents a c) annualized dividend and a dividend yield of 1.9%.

ETC 6 Meridian Mega Cap Equity ETF 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.