(SIXS) 6 Meridian Small Cap Equity - Ratings and Ratios

The 6 Meridian Small Cap Equity ETF (NYSE ARCA:SIXS) is designed to provide exposure to small-capitalization equity securities, with a focus on companies that align with the market capitalization range of the S&P SmallCap 600® Index. Under normal market conditions, the fund allocates at least 80% of its net assets (plus borrowings for investment purposes) to small-cap equities. While its primary focus is on small-cap securities, the fund retains flexibility to invest in companies of any capitalization, including larger firms, to capitalize on market opportunities. The portfolio is predominantly composed of common stocks, which are selected based on their potential for long-term growth and value.

As of the latest data, the fund has an average 20-day volume of 3,618 shares, indicating moderate trading activity. Its last price was 46.66, with key moving averages showing a short-term SMA of 48.82 and a medium-term SMA of 49.29, suggesting recent price fluctuations below the 50-day average. The 200-day SMA of 48.27 provides a longer-term perspective, indicating that the fund has been trading near its average over the past year. The Average True Range (ATR) of 0.47 reflects relatively low volatility, suggesting stable price movements. The fund manages assets under management (AUM) of $94.11 million, positioning it as a smaller ETF in its category.

Looking ahead, the next three months may see the fund testing the 48.82 level as a potential resistance point, given its proximity to the 50-day SMA. Support is likely to be found near the 200-day SMA of 48.27. The ATR of 0.47 suggests that price fluctuations may remain constrained, with upside potential limited by the current SMA structure. The funds AUM of $94.11 million indicates a moderately sized ETF, which may appeal to investors seeking targeted small-cap exposure without excessive market impact.