Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:PowerShares is Pulling the Plug on 10 ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, October 08, 2010

PowerShares is Pulling the Plug on 10 ETFs

Reported by Armie Margaret Lee

Invesco PowerShares is shuttering 10 of its exchange-traded funds. The funds headed for liquidation represent less than one percent of Invesco PowerShares' total assets, company officials said. The final day of trading for the ETFs will be December 14.

"We believe that it's in the best interest of our investors that we refocus our resources on areas that we believe are of greater client interest," said Ben Fulton, managing director of global ETFs, in a news release on Friday.

The ETFs that will be closed are:

  • PowerShares Dynamic Healthcare Services Portfolio (PTJ)
  • PowerShares Dynamic Telecommunications & Wireless Portfolio (PTE)
  • PowerShares FTSE NASDAQ Small Cap Portfolio (PQSC)
  • PowerShares FTSE RAFI Europe Portfolio (PEF)
  • PowerShares FTSE RAFI Japan Portfolio (PJO)
  • PowerShares Global Biotech Portfolio (PBTQ)
  • PowerShares Global Progressive Transportation Portfolio (PTRP)
  • PowerShares NASDAQ-100 BuyWrite Portfolio (PQBW)
  • PowerShares NXQ Portfolio (PNXQ)
  • PowerShares Zacks Small Cap Portfolio (PZJ)
  •  

    Stay ahead of the news ... Sign up for our email alerts now
    CLICK HERE

    0.0
     Do You Recommend This Story?



    GO TO: MFWire
    Return to Top
     News Archives
    2018: Q4Q3Q2Q1
    2017: Q4Q3Q2Q1
    2016: Q4Q3Q2Q1
    2015: Q4Q3Q2Q1
    2014: Q4Q3Q2Q1
    2013: Q4Q3Q2Q1
    2012: Q4Q3Q2Q1
    2011: Q4Q3Q2Q1
    2010: Q4Q3Q2Q1
    2009: Q4Q3Q2Q1
    2008: Q4Q3Q2Q1
    2007: Q4Q3Q2Q1
    2006: Q4Q3Q2Q1
    2005: Q4Q3Q2Q1
    2004: Q4Q3Q2Q1
    2003: Q4Q3Q2Q1
    2002: Q4Q3Q2Q1
     Subscribe via RSS:
    Raw XML
    Add to My Yahoo!
    follow us in feedly




    ©All rights reserved to InvestmentWires, Inc. 1997-2018
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use