ETF Trends
ETF Trends

Invesco PowerShares, the fourth-largest U.S. issuer of exchange traded funds, said Tuesday four of its ETFs are swapping indexes with two changing tickers.

The PowerShares S&P Emerging Markets High Beta Portfolio (NYSEArca: EEHB) will become the PowerShares S&P Emerging Market Momentum Portfolio (NYSEArca: EEMO) as it moves to the S&P Momentum Emerging Plus LargeMidCap Index.

The PowerShares S&P International Developed High Beta Portfolio (NYSEArca: IDHB) will become the PowerShares S&P International Developed Momentum Portfolio (NYSEArca: IDMO) as it swaps indexes to the S&P Developed ex US & South Korea LargeMidCap Index.

The PowerShares S&P International Developed High Quality Portfolio (NYSEArca: IDHQ) is changing indexes to the S&P Quality Developed ex US LargeMidCap Index, but that ETF’s ticker will remain the same.

The PowerShares S&P 500 High Quality Portfolio (NYSEArca: SPHQ) will also retain its ticker as its transitions to the S&P 500 Quality Index. All of the aforementioned changes will take effect on March 18, 2016, according to a statement issued by PowerShares.

PowerShares also said it is closing the following ETFs: The PowerShares China A-Share Portfolio (NYSEArca: CHNA), PowerShares Fundamental Emerging Markets Local Debt Portfolio (NYSEArca: PFEM), PowerShares KBW Capital Markets Portfolio (NYSEArca: KBWC) and the PowerShares KBW Insurance Portfolio (NYSEArca: KBWI).

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.