Brian Casey, CEO of Westwood Holdings Group, appeared on Bloomberg's "The Close" to discuss the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX). This actively managed ETF is the Texas Stock Exchange's (TXSE) first new listing, and it is designed to capitalize on the increasing demand for power.
The PWRX ETF combines an income-generating strategy with exposure to high-growth themes in energy and infrastructure. This approach aims to benefit investors from the expanding power sector, including areas like traditional energy, utilities, grid infrastructure, data center infrastructure, and emerging energy technologies.
Westwood's decision to list PWRX on the TXSE marks a significant milestone for both the company and the new exchange. Casey emphasized that this move aligns with Westwood's long-standing presence in Texas and represents what he believes is the "next chapter of American capital markets" being written in the state.
