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PowerShares Global Wind Energy ETF lists on NASDAQ |
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Wednesday, 02 July 2008 |
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Invesco PowerShares Capital Management LLC has
announced that its global wind energy portfolio began trading 1 July 2008 on
the Nasdaq Stock Market.
The PowerShares
Global Wind Energy Portfolio (PWND)
is based on the NASDAQ OMX Clean Edge Global Wind Energy Index.
This index includes companies that are primarily manufacturers, developers,
distributors, installers and users of energy derived from wind sources. The
Index selects companies listed on global stock exchanges and uses a modified
market capitalization-weighted methodology, with consideration to trading
volume and float-adjusted market capitalization minimums. The index is
reconstituted semi-annually and rebalanced quarterly.
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