PowerShares Unveils ETF Portfolio Changes
December 18, 2013 at 11:54 AM EST
Invesco’s (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said Wednesday it will shutter four ETFs while changing the names and underlying indices for 10 others. Nine PowerShares dynamic sector funds will transition to momentum indices from Dorsey Wright & Associates and...