State Street Galaxy Transformative Tech Accelerators ETF
TEKX
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Sep 10, 2024
- Website
- ssga.com
- Similar Companies
- Business
- SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in equity securities of companies representing the value chain supporting disruptive technologies, including but not limited to blockchain and artificial intelligence (AI); these Transformative Tech Accelerators provide products or services such as high-performance computing hardware, data center infrastructure, power generation and transmission, energy-efficient mining facilities, semiconductors, and digital asset-related operations that enable the adoption and growth of AI, blockchain, hyperconnectivity, and related innovations. The fund's portfolio emphasizes sectors like financial services, technology, industrials, and utilities, with top holdings including Core Scientific Inc., IREN Ltd., Riot Platforms Inc., NRG Energy Inc., and companies such as Alphabet Inc., Taiwan Semiconductor Manufacturing Co., and Vertiv Holdings Co., targeting global opportunities across the U.S. (approximately 80% of assets), non-U.S. stocks, and cash equivalents. Launched on September 9, 2024, and headquartered with State Street Global Advisors in Boston, Massachusetts, TEKX is sub-advised by Galaxy Asset Management and benchmarks against the MSCI ACWI Index, with a gross/net expense ratio of 0.65%. In recent developments, the ETF debuted as part of State Street Global Advisors' launch of three Galaxy-managed funds on September 9, 2024, alongside the SPDR Galaxy Digital Asset Ecosystem ETF (DECO) and SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO), marking a strategic expansion into actively managed digital asset and transformative technology exposures; the fund has since grown to approximately $2.6 million in assets under management as of late 2025, with institutional investors like Beaumont Financial Advisors LLC increasing holdings to over $3 million, and it declared a total distribution of $0.9699 in 2025. TEKX operates globally, surveying macroeconomic conditions and the full value chain of transformative technologies to identify high-conviction opportunities for investors pursuing secular growth from AI-driven computing demands, blockchain synergies, and infrastructure expansions.