Earlier this year, Nasdaq paid $225 million Dorsey, Wright & Associates (DWA), an independent registered investment advisor that also provides indexes for an array of well-known ETFs. [Nasdaq Acquires Dorsey Wright]

There are 187 ETPs benchmarked to Nasdaq’s global indexes, currently, and in 2014 alone, 27 new ETPs began tracking Nasdaq Indexes. The ETPs represent $105 billion in assets under management, according to the statement.

The PowerShares ETFs affected by the Nasdq/KBW partnership have a combined $775 million in assets under management.

PowerShares KBW Bank Portfolio

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of QQQ.

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