Westwood has launched a power and infrastructure-focused exchange-traded fund (ETF), which became the first fund to debut on the Texas Stock Exchange.

Westwood Holdings Group has launched the Westwood Salient Enhanced Power & Infrastructure exchange traded fund (ETF) (PWRX), an actively managed fund focused on companies across the power, energy and infrastructure sectors. PWRX combines a portfolio of power, energy and infrastructure companies with a covered call options strategy The ETF is the first ETF to launch on the Texas Stock Exchange (TXSE), a recently established national securities exchange based in Texas. PWRX combines a por