NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing primarily in the equity securities of Texas companies.
Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in securities of Texas companies.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PBT | Permian Basin Royalty Trust | Energy | Oil & Gas Midstream | 7.72% |
| LB | LandBridge Company LLC | Energy | Oil & Gas Equipment & Services | 6.78% |
| TPL | Texas Pacific Land Corporation | Energy | Oil & Gas E&P | 4.63% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.41% |
| WBI | WaterBridge Infrastructure LLC | Energy | Oil & Gas Equipment & Services | 3.77% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 3.71% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.39% |
| PAA | Plains All American Pipeline LP | Energy | Oil & Gas Midstream | 3.37% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 3.30% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 3.25% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.17% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 3.08% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.05% |
| EPD | Enterprise Products Partners LP | Energy | Oil & Gas Midstream | 3.05% |
| ET | Energy Transfer LP | Energy | Oil & Gas Midstream | 3.00% |
| FLR | Fluor Corporation | Industrials | Engineering & Construction | 2.97% |
| LGIH | LGI Homes | Consumer Cyclical | Residential Construction | 2.96% |
| KMI | Kinder Morgan Inc | Energy | Oil & Gas Midstream | 2.92% |
| CNP | CenterPoint Energy Inc | Utilities | Utilities - Regulated Electric | 2.90% |
| KMB | Kimberly-Clark Corporation | Consumer Defensive | Household & Personal Products | 2.87% |