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OOK

After hesitantly creeping along resistance for the entire week in anticipation of GDP data and FOMC commentary, the S&P 500 Index finally managed to peer above the coveted 1,700 mark on Thursday. Amid the ongoing bull run on Wall Street, Tennessee-based newcomer LocalShares is making its first splash in the exchange-traded universe with its launch of the Nashville Area ETF (NASH) on Thursday [see The Complete Visual History Of SPY]. [click to continue…]

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The month of September brought an unexpected but very welcome rally in stock markets, as many equity ETFs enjoyed their best month of the year. September also set a number of records from the product development perspective in the ETF industry; more than two dozen new funds from a handful of different issuers hit the market, and the month’s additions had pulled in aggregate assets of nearly $300 million by month end. The month also saw Claymore rebranded under the Guggenheim name, as well as the departure from the ETF industry of two issuers, Geary and GlobalShares [see more at Claymore Changes Name To Guggenheim Funds]. [click to continue…]

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Geary Advisors, the firm that last year pioneered state-specific ETFs, has announced that it will close down the Oklahoma Exchange-Traded Fund (OOK) and Texas Exchange-Traded Fund (TXF) by the end of the month. Both funds launched in late 2009, but despite impressive performances struggled to build up assets and trading volumes. OOK seeks to replicate […]

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As more issuers have rushed into the ETF game and waves of cash inflows have contributed to surging asset levels within the industry, investors find themselves with more options than ever before. Once upon a time, exposure to a specific country or sector through ETFs was a binary decision; investors either had it, or they […]

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Charles Schwab may be a relative newcomer to the exchange-traded fund game, but the San Francisco-based firm has made quite a splash since wading into the ETF waters late last year. On Monday, Schwab shook up the industry again, announcing that it was reducing the expense ratios on six ETFs, or three quarters of its […]

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From a certain perspective, the ETF space shows the signs not of a still-nascent industry, but of a mature corner of the investing world. For the better part of a decade, the industry totem pole has remained unchanged, with four big firms accounting for nearly 90% of all ETF assets. But a closer look reveals […]

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One of the hottest segments of the ETF industry is the commodity space, which has exploded in recent years as investors have embraced exchange-traded products as a means of reaching an asset class that offers potentially valuable diversification benefits. While most commodity products are physically-backed or futures-based funds, an alternative means of gaining commodity exposure […]

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Why OOK Is Crushing XLE

by on February 17, 2010

Last year saw more than 100 new ETF launches, ranging from the relatively “plain vanilla” to funds offering more targeted and unique exposure. One of the more interesting product launches came late in the year, when Geary Advisors introduced the first state-specific ETF, the Oklahoma Exchange-Traded Fund (OOK).

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Last year saw more than 100 new product launches, ranging from plain vanilla equity and bond funds to ETFs offering exposure to exotic new investment strategies and asset classes previously available only to a limited slice of the investing community. The innovation that has made ETFs a popular alternative to mutual funds seems ready to […]

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Three ETF Alternatives To UNG

by on January 19, 2010 | Updated June 9, 2010

The rapid rise of the ETF industry has caused the expanded the investment arsenal of millions significantly, bringing asset classes previously reserved for only the largest and most sophisticated investors within reach. This development is perhaps best demonstrated by the surge in popularity of exchange-traded commodity products. According to data from the National Stock Exchange, […]

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Keith Geary is the chairman, president, and CEO of The Geary Companies, an Oklahoma-based financial services firm. Geary Advisors recently launched the Texas Large Companies Exchange-Traded Fund (TXF) and Oklahoma ETF (OOK), the first state-specific equity ETFs available to U.S. investors. He recently took time out of his busy schedule to talk about his firm’s […]

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About two months ago, Geary Advisors made headlines by launching the Oklahoma ETF (OOK), the first state-specific exchange-traded product available to U.S. investors. OOK is linked to the SPADE Oklahoma Index, a modified market capitalization-weighted benchmark that seeks to measure the performance of publicly-traded companies whose corporate headquarters are located in the state of Oklahoma.

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