Westwood Launches First ETF on Texas Stock Exchange
Event summary
- Westwood Holdings Group will launch the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) on the Texas Stock Exchange (TXSE) on September 17, 2026.
- PWRX is the first new ETF to launch on the TXSE, focusing on power and infrastructure sectors.
- The actively managed ETF combines an income strategy with exposure to high-growth energy markets.
- PWRX will be managed by Westwood's Houston-based energy team and will invest across the power ecosystem.
The big picture
Westwood's launch of PWRX on the Texas Stock Exchange marks a strategic move to capitalize on the growing demand for power and infrastructure investments. The ETF's focus on high-growth energy markets aligns with broader industry trends, including the reshoring of industrial activities and the increasing power needs driven by AI and data centers. The success of PWRX could influence the adoption of the Texas Stock Exchange as a competitive listing venue.
What we're watching
- Market Adoption
- How quickly PWRX will attract investors and whether it can compete with established ETFs in the energy sector.
- Exchange Dynamics
- The pace at which the Texas Stock Exchange can establish itself as a viable alternative to traditional exchanges.
- Regulatory Compliance
- Whether the new ETF will face any regulatory hurdles or scrutiny given its focus on high-growth energy markets.
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