ONEOK Shares Bought by Exchange Traded Concepts LLC

Institutional investor increases stake in utilities provider

Mar. 28, 2026 at 8:35am

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Exchange Traded Concepts LLC, an institutional investor, increased its position in ONEOK, Inc. (NYSE:OKE) by 10.7% during the fourth quarter, according to a recent SEC filing. The firm now owns 776,943 shares of the utilities provider's stock, worth approximately $57.1 million.

Why it matters

ONEOK is a major midstream energy company that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets across the United States. This investment by Exchange Traded Concepts reflects continued institutional interest in ONEOK's infrastructure and midstream operations.

The details

According to the filing, Exchange Traded Concepts acquired an additional 74,898 shares of ONEOK during the fourth quarter, increasing its total stake to 776,943 shares. This represents about 0.12% of ONEOK's outstanding shares. The institutional investor cited ONEOK's position as a leading midstream provider and its potential for growth as reasons for the increased investment.

  • The share purchase occurred during the fourth quarter of 2025.
  • Exchange Traded Concepts filed the 13F report disclosing the stake increase on March 28, 2026.

The players

Exchange Traded Concepts LLC

An institutional investor and asset management firm that focuses on exchange-traded funds (ETFs).

ONEOK, Inc.

A publicly traded midstream energy company headquartered in Tulsa, Oklahoma that operates natural gas and natural gas liquids pipelines, processing facilities, and storage assets.

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What’s next

Investors will be watching to see if other institutional investors follow Exchange Traded Concepts' lead and increase their stakes in ONEOK in the coming quarters.

The takeaway

This investment highlights the continued institutional interest in ONEOK's midstream energy infrastructure and the company's growth prospects, even as the broader energy sector faces economic headwinds.