Westwood Launches First ETF on Texas Stock Exchange, Targeting Power & Infrastructure Boom — Westwood Holdings Group Inc.

Event summary

Westwood Holdings Group launched the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) on September 17, 2026, the first ETF listed on the Texas Stock Exchange.
PWRX is an actively managed ETF focusing on the power and infrastructure sector, combining a high-conviction equity portfolio with a covered call options overlay.
The ETF targets accelerating electricity demand driven by AI, data centers, and industrial reshoring, aiming to generate monthly income and capital appreciation.
PWRX joins Westwood's Enhanced Income Series, reinforcing its position as an innovative provider of income ETFs across multiple sectors.

The big picture

The launch of PWRX on the Texas Stock Exchange marks a strategic milestone in the regionalization of U.S. capital markets, aligning with the growing demand for power and infrastructure investments. Westwood's move underscores the shifting dynamics in the energy sector, driven by technological advancements and industrial reshoring, positioning the firm to capitalize on long-term growth opportunities in modern power ecosystems.

What we're watching

Market Adoption: Whether PWRX can attract significant investor interest as the first ETF on the Texas Stock Exchange, potentially setting a precedent for future listings.
Performance Metrics: How the ETF's covered call strategy will balance income generation with capital appreciation in a volatile energy market.
Regional Impact: The pace at which the Texas Stock Exchange can establish itself as a competitive national listings venue, challenging established exchanges.