- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10900 Hefner Pointe Drive, Suite 207 Oklahoma City OK United States of America 73120
- IPO Date
- May 12, 2021
- Business
- ETC 6 Meridian Quality Growth ETF (SXQG) is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in equity securities of U.S. companies exhibiting high quality and growth characteristics relative to their peers; the fund employs a quantitatively driven strategy to select large-, mid-, and small-cap stocks across diversified sectors, with top holdings including NVIDIA Corp., Apple Inc., Alphabet Inc., Microsoft Corp., and Meta Platforms Inc. It offers investors exposure to a portfolio concentrated in total market equity, featuring approximately 91 holdings and a net expense ratio of 0.70%, with assets under management of around $66 million. SXQG trades on the NYSE Arca exchange and targets growth-oriented investors seeking U.S. equity market participation through a high-conviction, active approach.
The ETF operates under Exchange Traded Concepts Trust as the issuer, with 6 Meridian serving as the investment adviser; it is headquartered in Wichita, Kansas, at 8301 E 21st N, #150, and was launched on May 10, 2021. Geographically, the fund focuses exclusively on U.S. stocks, with 99.72% allocation to domestic equities and minimal cash holdings.
In recent developments, 6 Meridian, the strategy's adviser, was acquired by Hightower Advisors in 2024, enhancing its resources and supporting the firm's expansion of ETF offerings, which now include companion products such as the ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH), Low Beta Equity ETF (SIXL), Mega Cap Equity ETF (SIXA), and Small Cap Equity ETF (SIXS). Additionally, in late 2024, 6 Meridian announced eight new internal partners, including rising leaders in investment management, wealth advising, operations, and marketing, to drive long-term growth and client service innovation amid the acquisition. The firm continues to disclose robust portfolio holdings totaling over $1.3 billion across its strategies in latest SEC filings.