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Horizon Kinetics launched the Texas ETF (TEXX) on Nasdaq, focusing on Texas companies in energy, data centers, and AI, with a value-oriented, long-term strategy.
Horizon Kinetics has launched the Texas ETF (TEXX), an actively managed fund trading on Nasdaq, focusing on Texas-based companies and sectors benefiting from the state’s energy resources, low costs, and business-friendly environment.
The fund targets growth in data centers and AI infrastructure, with a value-oriented, long-term strategy.
It is non-diversified, potentially increasing volatility, and comes amid expectations for a new Texas Stock Exchange in early 2026.
Risks include market swings, interest rate changes, and potential loss of principal.
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Horizon Kinetics lanzó el Texas ETF (TEXX) en Nasdaq, centrándose en las compañías de Texas en energía, centros de datos e IA, con una estrategia orientada al valor a largo plazo.