Nasdaq Lures 27 PowerShares ETFs Away From NYSE

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December 6, 2016 10:05am NYSE:DWAQ NYSE:PFM

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In a big piece of ETF industry news, the Nasdaq stock exchange has convinced PowerShares to delist 27 of its popular ETFs from NYSE, and instead list them on the Nasdaq.

The transfer of listings will be completed on Wednesday, December 7, 2016 just prior to the market open. Investors in the funds will not notice any change, nor do they need to take any action, as all the heavy lifting will happen behind the scenes.

The complete list of PowerShares funds moving over from the NYSE to Nasdaq is below:

PowerShares is an ETF issuer owned by Invesco, a Chicago-based firm whose largest fund is the very popular QQQ, which tracks the Nasdaq 100 index. The firm boasts a total of over 160 ETFs across many asset classes and sectors.

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