ETC 6 Meridian Mega Cap Equity ETF (SIXA)
ETC 6 Meridian Mega Cap Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Oklahoma City, OK, US. The stock last traded at $57.66, up 0.53% on the session, giving a market capitalisation of $505.8M. Its beta of 0.56 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its total net assets, including any capital raised through borrowing for investment, to equity securities issued by mega-capitalization companies. The Sub-Adviser defines 'mega-capitalization companies' as those constituting the top 10% of stocks within the Russell 3000 Index, ranked by their market capitalization. Its investments in equity securities primarily consist of common stocks. This fund operates on a non-diversified basis.
ETC 6 Meridian Mega Cap Equity ETF is most often compared with the following Financial Services names: