ETC 6 Meridian Hedged Equity Index Option Strategy $SIXH Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXHFree Report) by 2.2% in the 3rd quarter, Holdings Channel reports. The firm owned 12,221,580 shares of the company’s stock after purchasing an additional 263,500 shares during the period. ETC 6 Meridian Hedged Equity Index Option Strategy accounts for about 0.5% of HighTower Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. HighTower Advisors LLC owned about 0.95% of ETC 6 Meridian Hedged Equity Index Option Strategy worth $472,585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in ETC 6 Meridian Hedged Equity Index Option Strategy in the second quarter valued at $74,000. Envestnet Asset Management Inc. purchased a new position in shares of ETC 6 Meridian Hedged Equity Index Option Strategy during the second quarter worth about $229,000. Finally, Jane Street Group LLC acquired a new position in ETC 6 Meridian Hedged Equity Index Option Strategy in the 1st quarter valued at about $1,272,000.

ETC 6 Meridian Hedged Equity Index Option Strategy Stock Up 0.3%

SIXH opened at $42.62 on Friday. ETC 6 Meridian Hedged Equity Index Option Strategy has a 52 week low of $35.00 and a 52 week high of $42.89. The business has a 50 day moving average price of $40.10 and a two-hundred day moving average price of $39.14. The company has a market cap of $543.41 million, a PE ratio of 16.87 and a beta of 0.37.

ETC 6 Meridian Hedged Equity Index Option Strategy Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 28th were given a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, January 28th.

ETC 6 Meridian Hedged Equity Index Option Strategy Company Profile

(Free Report)

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

Want to see what other hedge funds are holding SIXH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXHFree Report).

Institutional Ownership by Quarter for ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH)

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