Exchange Traded Fund (ETF) Trading Strategies

Sunday, December 6, 2009

Texas State ETF

Geary Advisors started trading TXF Large Companies (TXF), which tracks 87 companies headquartered in the Lone Star state.

Based on the SPADE Texas Index, the ETF weights energy at 63%, followed by technology 9%, telecom 6% and consumer 4%.

TXF charges 0.2% in expense ratios. It's the second state-specific ETF, following Oklahoma ETF (OOK), which started trading in October.

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