- The Invesco (NYSE:IVZ) PowerShares Board of Trustees recently announced plans to make major changes to 10 funds, while shuttering 4 funds in early 2014.
- "We believe these changes will provide investors with a unique set of investment opportunities and position out family of ETFs for continued growth" said Dan Draper, managing director of global ETFs, in a press release.
- ETFs approved to undergo name, investment objective, underlying index, and investment policy and strategy changes in February 19th: PWO, PYZ, PEZ, PSL, PXI, PFI, PTH, PRN, PTF, PUI
- ETFs which will be shut down February 18th: KBWX, PMNA, PIQ, PXN