Two state-focused exchange traded funds (ETFs) – a first of their kind – announced that they’re closing at the end of this month.
Less than a year after the Spade Oklahoma Index (NYSEArca: OOK) launched, a lack of market interest has caused Geary Advisors to shutter the ETF. The fund launched last October. [OOK Was Another Way to Play Natural Gas.]
Tisha Guerrero contributed to this article.