Brighton Jones LLC Has $1.62 Million Position in ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH)

Brighton Jones LLC cut its holdings in shares of ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) by 21.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 41,364 shares of the company’s stock after selling 10,983 shares during the quarter. Brighton Jones LLC’s holdings in ETC 6 Meridian Hedged Equity Index Option Strategy were worth $1,624,000 at the end of the most recent quarter.

Separately, Wealth Alliance Advisory Group LLC acquired a new stake in shares of ETC 6 Meridian Hedged Equity Index Option Strategy in the first quarter valued at about $661,000.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of SIXH opened at $38.51 on Monday. The business has a 50-day moving average of $38.18 and a 200-day moving average of $37.98. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1 year low of $35.00 and a 1 year high of $39.84. The company has a market capitalization of $568.02 million, a price-to-earnings ratio of 17.44 and a beta of 0.37.

ETC 6 Meridian Hedged Equity Index Option Strategy Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.0958 per share. This is a positive change from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous dividend of $0.06. The ex-dividend date was Thursday, March 27th.

About ETC 6 Meridian Hedged Equity Index Option Strategy

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.