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Westwood to Launch Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) as the First New ETF on the Texas Stock Exchange

WHGMDST
  • Westwood Holdings Group will launch the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) on September 17, 2026.
  • PWRX will be the first new ETF to list on the Texas Stock Exchange (TXSE).
  • The actively managed fund combines an income strategy with exposure to high-growth energy market elements to seek total return through income & capital appreciation.
  • PWRX targets accelerating U.S. power needs driven by AI, data centers, & industrial reshoring.
  • The Houston-based Westwood Energy team will manage the fund, investing across the power ecosystem from traditional utilities to grid infrastructure & next-generation technologies.
  • The strategy pairs a high-conviction equity portfolio with a systematic covered call overlay designed to generate monthly income.
  • James H. Lee, Chairman & CEO of TXSE, highlighted the launch as the exchange's inaugural ETF.
  • PWRX joins the Westwood Enhanced Income Series™ alongside MDST, WEEI, & YLDW.
  • The fund is distributed by Northern Lights Distributors, LLC (Member FINRA).