Westwood to Launch Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) as the First New ETF on the Texas Stock Exchange

DALLAS, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Westwood Holdings Group (NYSE: WHG), a leading boutique asset manager, today announced plans to launch the Westwood Salient Enhanced Power & Infrastructure ETF (TXSE: PWRX) on September 17, 2026. PWRX will be the first new ETF to launch on the Texas Stock Exchange (TXSE).

"Westwood is delighted that PWRX will be the first new ETF listing on the Texas Stock Exchange. We think it is fitting that a Dallas-based manager and a Houston-based energy team are helping to open a Texas exchange with an ETF focused on the industries powering the country's future," said Brian Casey, Chief Executive Officer of Westwood Holdings Group. “The Westwood team is impressed with the thoughtfully designed market maker program and trading technology that TXSE offers ETF issuers. We are confident that TXSE will provide a positive and differentiated trading experience for PWRX investors.”

The newest addition to the Westwood Enhanced Income Series™ ETFs, PWRX ("Power-X") will be an actively managed ETF that pairs an income strategy with exposure to the high-growth elements of the energy market. The Fund seeks total return through a combination of income and capital appreciation. After nearly two decades of flat electricity demand, the United States is entering a new era of accelerating power needs driven by AI, data centers and industrial reshoring.
Managed by Westwood's veteran Houston-based Energy team, PWRX will invest across the power ecosystem, from traditional energy and utilities to grid infrastructure, data-center infrastructure and next-generation energy technologies, combining a high-conviction equity portfolio with a systematic covered call overlay designed to generate monthly income.

"Primary listings aren’t just moving to the Texas Stock Exchange — they’re launching here too. We’re proud to partner with Westwood to bring PWRX to market as our inaugural ETF launch," said James H. Lee, Chairman and Chief Executive Officer of the Texas Stock Exchange. "TXSE’s commitment to aligning with issuers and sponsors is designed to fuel the market innovation that PWRX represents."

PWRX will join the Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST), Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI) and Westwood Enhanced Income Opportunity ETF (NYSE: YLDW) as part of the Westwood Enhanced Income Series™ ETFs.

For more information on the Westwood Salient Enhanced Power & Infrastructure ETF (PWRX) and other Westwood strategies, please visit westwoodetfs.com.

ABOUT WESTWOOD HOLDINGS GROUP, INC.

Westwood Holdings Group (NYSE: WHG) is a boutique asset management firm that offers a diverse array of actively and passively-managed, outcome-oriented investment strategies, along with white-glove trust and wealth services, to institutional, intermediary and private wealth clients. For over 40 years, Westwood's client-first approach has fostered strong, long-term client relationships due to our unwavering commitment to delivering bespoke investment strategies with a vehicle-optimized approach, exceptional counsel and unparalleled client service. Our flexible and agile approach to investing allows us to adapt to constantly changing markets, while continually seeking innovative strategies that meet our investors' short and long-term needs.

Our team at Westwood comes from varied backgrounds and life experiences, which reflects our origins as a woman-founded firm. We are committed to incorporating diverse insights and knowledge into all aspects of our services and solutions. Our culture and approach to our business reflect our core values—integrity, reliability, responsiveness, adaptability, teamwork and driving results—and underpin our constant pursuit of excellence.

For more information on Westwood, please visit westwoodgroup.com.

ABOUT THE TEXAS STOCK EXCHANGE

Texas Stock Exchange LLC, a wholly owned subsidiary of TXSE Group, is a fully integrated, electronic, national securities exchange headquartered and incorporated in Texas. Backed by many of the largest financial institutions and liquidity providers in the world, TXSE is purpose-built to bring real competition to corporate listings and expand access to America's public markets. With issuer alignment and transparency at its core, TXSE serves as a global listing and trading venue for both public companies and the growing universe of exchange-traded products.

Media Contact:
Tyler Bradford
Hewes Communications 212.207.9454
tyler@hewescomm.com

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