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PowerShares Fundamental ETFs Top $5B in Assets
Tuesday, July 9, 2013 - 12:14pm | 470Invesco's (NYSE: IVZ) PowerShares, the fourth-largest U.S. ETF issuer, announced Tuesday the PowerShares Fundamental suite of ETFs recently passed the $5 billion assets under management, underscoring the rising popularity of ETFs that use alternative methodologies to weighting by market...
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An ETF For Quality Connoisseurs
Wednesday, June 19, 2013 - 2:20pm | 783Few investors intentionally look for ETFs that hold a plethora of stinky stocks, but it is reasonable to say nearly all investors that use ETFs want funds that are backed by strong holdings. Makes sense. After all, it is an equity-based ETF's underlying holdings that are the ultimate determinants...
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PowerShares Senior Loan ETF Tops $3B in AUM
Wednesday, April 3, 2013 - 11:51am | 378The PowerShares Senior Loan Portfolio (NYSE: BKLN), the first ETF to focus on senior loans, has reached the $3 billion in assets under management mark. At the start of trading Wednesday, BKLN had about $3.04 billion in assets, according to PowerShares data. BKLN, which debuted in early March...
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Inflows to These ETFs Are Telling
Tuesday, March 26, 2013 - 3:02pm | 600Alright, so what follows is data pertaining to just a couple of ETFs from just one issuer, Invesco's (NYSE: IVZ) PowerShares unit. While it can be argued that what is going on with one ETF issuer is not happening with another, it also must be noted PowerShares is no small shop. This is the...
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PowerShares Low Volatility ETF Tops $4B in AUM
Monday, March 18, 2013 - 11:58am | 452Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said today its popular PowerShares S&P 500 Low Volatility Portfolio (NYSE: SPLV) has topped $4 billion in assets under management. At the start of trading Monday, the PowerShares S&P 500 Low Volatility Portfolio,...
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Low Vol ETF Leads PowerShares 2012 Inflows
Tuesday, February 5, 2013 - 5:36pm | 404Highlighting investors' affinity for low volatility ETFs, Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said Tuesday the PowerShares S&P 500 Low Volatility Portfolio (NYSE: SPLV) lead all PowerShares ETFs in terms of 2012 inflows. The PowerShares S&P 500 Low...
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PowerShares Technical Leaders ETFs Cross $1B in AUM
Tuesday, January 15, 2013 - 4:33pm | 405Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest ETF issuer, announced today that its suite of ETFs based on Dorsey Wright & Associates relative index methodology has topped a combined $1 billion in assets under management. The PowerShares DWA Technical Leaders ETF were among the...
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PowerShares to Shutter 13 ETFs
Wednesday, December 19, 2012 - 3:27pm | 634Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF sponsor, will shutter 13 of its ETFs in late February 2013. The 13 funds represent less than one percent of PowerShares' total assets under management, the firm said in a statement. The following ETFs will trade for the last time...
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PowerShares: No Long-Term Cap Gains on 120 of 123 ETFs
Tuesday, December 18, 2012 - 2:03pm | 374Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF sponsor, said today that it expects 120 of its 123 ETFs will not be subject to long-term capital gains distributions this year. PowerShares joins an array of rival ETF issuers that have already made similar announcements, including...
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PowerShares to Introduce Downside Hedge ETF Thursday
Monday, December 3, 2012 - 3:39pm | 250Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said it today it expects to introduce the PowerShares S&P 500 Downside Hedged Portfolio (NYSE: PHDG) on Thursday, December 6, 2012. The new ETF, which will feature an annual expense ratio of 0.39 percent, "will be a...
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PowerShares Fires Its Own Shot in ETF Fee War
Wednesday, November 28, 2012 - 6:49pm | 454Invesco's (NYSE: IVZ) PowerShares unit has become the latest ETF issuer to make its presence felt in the broadening ETF cost battle by announcing significant fee reductions on six of its funds. PowerShares, the fourth-largest U.S. issuer, said it has lowered the annual expense ratio on the $285.7...
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Flows For This ETF Issuer Show Investors Love Dividends
Wednesday, October 31, 2012 - 6:00pm | 580It may be data from just one issuer, but September inflows to Invesco's (NYSE: IVZ) PowerShares ETF arm highlight an already known trend: Investors are pouring cash into income-oriented funds at a rapid pace. Of the 10 PowerShares ETFs that saw the largest inflows in September, four are clearly...
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RIAs Increasing Use of ETFs
Wednesday, October 17, 2012 - 3:52pm | 258Registered Investment Advisers (RIAs) expect to increase their use of ETFs, according to a study released by Invesco (NYSE: IVZ). Invesco is the parent company of PowerShares, the fourth-largest U.S. ETF issuer. RIAs polled by Invesco believe ETFs will make up 24 percent of portfolio allocations...
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PowerShares to Introduce Low Vol High Dividend ETF
Monday, October 15, 2012 - 3:08pm | 339Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, said it expects to introduce the PowerShares S&P 500 High Dividend Portfolio (NYSE: SPHD) on Thursday October 18. The new ETF, which will track the S&P Low Volatility High Dividend index, is expected to be home to...
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Bank Loan ETF Going Strong
Tuesday, October 9, 2012 - 7:08am | 499A favorite destination for yield-starved investors in 2012 has been high-yield bond ETFs, but cash has flowed to junk bond funds and yields have been suppressed. Relatively low yields on junk bond ETFs have prompted speculation that chasing price appreciation at these levels could be hazardous to a...