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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