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Article: OOK Advisors Launches First Texas-Based Exchange-Traded Fund.
- Article from:
- Real Estate Weekly News
- Article date:
- November 20, 2009
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OOK Advisors, LLC, announced the launch of the Texas Large Companies Exchange-Traded Fund (TXF), which is comprised of a portfolio of securities that represents a benchmark index of publicly traded, Texas-based companies. The fund trades on the NYSE Arca using the symbol "TXF."
"This fund is the first of its kind," said Keith Geary, OOK Advisors chairman. "Investors now have a vehicle to invest in numerous Texas-based public companies all at once through TXF."
TXF is based on the SPADE Texas Index, a modified market capitalization weighted index that seeks to measure the performance of publicly traded companies headquartered in Texas. As of Sept. 30, ...