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Article: OOK Advisors Launches First Oklahoma-Based Exchange-Traded Fund.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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OOK Advisors, LLC, announced the launch of the Oklahoma Exchange-Traded Fund (OOK), which invests in a portfolio of securities that represents a benchmark index of publicly traded, Oklahoma-based companies. OOK trades on the NYSE Arca with the symbol "OOK."
"This fund is one of the first of its kind," said Keith Geary, chairman of OOK Advisors. "Investors now have a vehicle to invest in several Oklahoma-based public companies all at once through OOK."
OOK is based on the SPADE Oklahoma Index, a modified market capitalization weighted index that seeks to measure the performance of publicly traded companies that are headquartered in or have significant ...