Westwood Launches First ETF on Texas Stock Exchange

DALLAS, Sept. 17, 2026 /CourierPR/ -- Westwood Holdings Group, a leading boutique asset manager, has launched the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) on the Texas Stock Exchange (TXSE). This marks the first new ETF to debut on the TXSE, signaling a significant milestone for the exchange and the asset management firm.

PWRX is part of the Westwood Enhanced Income Series™, a suite of ETFs designed to provide income-generating opportunities. The new ETF aims to capitalize on the growing demand for electricity, driven by advancements in artificial intelligence, data centers, and industrial reshoring. The fund is managed by Westwood’s veteran Houston-based Energy Team, who have spent nearly two decades navigating the complexities of the energy market.

The Westwood Salient Enhanced Power & Infrastructure ETF is an actively managed portfolio that spans the power ecosystem, including traditional energy and utilities, grid infrastructure, data-center infrastructure, and next-generation energy technologies. The strategy employs a high-conviction equity portfolio combined with a systematic covered call overlay. This approach seeks to generate attractive monthly income while participating in the long-term growth opportunities of the energy sector.

Brian Casey, CEO of Westwood Holdings Group, expressed pride in launching PWRX on the Texas Stock Exchange. "Westwood has called Texas home for over three decades. As a Dallas-based asset manager with a Houston-based energy team, launching PWRX on a Texas-based exchange reflects our commitment to innovation and leadership right where we live and work."

James H Lee, CEO of the Texas Stock Exchange, echoed the sentiment, emphasizing the significance of the launch. "Texas doesn't wait for the future; it builds it. There is no more fitting way to launch our first new ETF than with a Texas asset manager giving investors exposure to the industries powering what comes next."

Key features of PWRX include: - An actively managed portfolio of power, energy, and infrastructure companies positioned for accelerating electricity demand. - A single-stock covered call options overlay designed to help generate income and mitigate volatility. - Potential for monthly income distributions. - Potential for capital appreciation across the energy and power sector.

The fund joins the Westwood Salient Enhanced Midstream Income ETF (MDST), Westwood Salient Enhanced Energy Income ETF (WEEI), and Westwood Enhanced Income Opportunity ETF (YLDW) in the Westwood Enhanced Income Series™, further solidifying Westwood's position as an innovative provider of income ETFs across multiple sectors and asset classes.