ETC 6 Meridian Mega Cap Equity ETF
SIXA
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10900 Hefner Pointe Drive Oklahoma City DE United States of America 73120
- IPO Date
- May 11, 2020
- CIK
- 0001452937
- Website
- 6meridianfunds.com
- Similar Companies
- Business
- ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an actively managed exchange-traded fund that seeks capital appreciation by investing at least 80% of its net assets in mega-capitalization equity securities, defined as the largest 10% of stocks in the Russell 3000 Index by market capitalization; it primarily holds common stocks selected through quantitative analysis emphasizing value, momentum, and volatility factors across diversified sectors including consumer defensive, communication services, technology, financial services, healthcare, consumer cyclical, and industrials. The fund benchmarks its performance against the S&P 500 Index and features a net expense ratio of 0.47%, with assets under management reaching approximately $472 million as of recent reports. Launched on May 11, 2020, SIXA trades on the NYSE Arca exchange and is issued by Exchange Traded Concepts Trust, with sub-advisory services provided by 6 Meridian LLC, headquartered at 8301 E 21st N, #150, Wichita, KS 67206. SIXA maintains a non-diversified portfolio of around 53 holdings, with top positions including Altria Group (6.77%), AT&T Inc. (5.10%), Johnson & Johnson (4.26%), PepsiCo (4.18%), and Verizon Communications (3.89%), representing approximately 38% of total assets in its top 10 holdings. It targets U.S. mega-cap equities for institutional and retail investors seeking superior risk-adjusted returns relative to broad market indices, with a focus on low-beta, low-valuation characteristics and monthly dividend distributions yielding around 1.9%. The fund operates exclusively within the United States equity markets, domiciled in the U.S. as an open-ended investment company. Recent developments include sustained assets under management growth to over $460 million by late 2025, reflecting strong investor interest amid market volatility, alongside ongoing portfolio optimizations by its management team, which expanded with additions such as Jason Mayers in April 2022 and Brian Cooper in December 2023. As part of the broader 6 Meridian ETFs suite, which includes sister funds like SIXH (Hedged Equity), SIXL (Low Beta Equity), SIXS (Small Cap Equity), and SXQG (Quality Growth), SIXA benefits from 6 Meridian's quantitative research-driven approach launched to enhance tax efficiency and client reporting. No major acquisitions, funding rounds, or strategic partnerships specific to SIXA were reported in 2024-2025, though the firm continues to emphasize factor-based enhancements for performance.