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 | 8.02% |
| LB | LandBridge Company LLC | Energy | Oil & Gas Equipment & Services | 6.15% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.48% |
| TPL | Texas Pacific Land Corporation | Energy | Oil & Gas E&P | 4.44% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 4.20% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 3.81% |
| WBI | WaterBridge Infrastructure LLC | Energy | Oil & Gas Equipment & Services | 3.64% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 3.42% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 3.35% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 3.15% |
| PAA | Plains All American Pipeline LP | Energy | Oil & Gas Midstream | 3.13% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 3.06% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 3.05% |
| FLR | Fluor Corporation | Industrials | Engineering & Construction | 3.05% |
| EPD | Enterprise Products Partners LP | Energy | Oil & Gas Midstream | 2.97% |
| KMI | Kinder Morgan Inc | Energy | Oil & Gas Midstream | 2.93% |
| SBR | Sabine Royalty Trust | Energy | Oil & Gas Midstream | 2.88% |
| CNP | CenterPoint Energy Inc | Utilities | Utilities - Regulated Electric | 2.83% |
| ET | Energy Transfer LP | Energy | Oil & Gas Midstream | 2.81% |
| CMC | Commercial Metals Company | Industrials | Metal Fabrication | 2.71% |