TSX:8058 News 17 January 2026

January 22, 2026, 3:45 PM EST. Horizon Kinetics introduced TEXX, a new actively managed exchange-traded fund (ETF) focused on Texas-based companies, debuting on Nasdaq. The fund leverages Horizon Kinetics' long-term, fundamentals-based investment philosophy used since 2021 across its ETFs. TEXX targets businesses benefiting from Texas' advantages such as abundant energy reserves, land availability, and favorable corporate laws. Notable relocations to Texas include Goldman Sachs, Oracle, and Tesla, underpinning the fund's strategy. The ETF offers exposure to companies underrepresented in standard indexes but positioned to gain from the state's growing data center and artificial intelligence sectors. Horizon Kinetics aims for TEXX to capitalize on early-stage economic trends as Texas emerges as a significant growth hub in the U.S.