PowerShares Launches Nine Small Cap Sector ETFs

PowerShares launched nine highly anticipated new ETF products on Wednesday, introducing a line of funds that offer a new twist on traditional sector-specific investing. The nine PowerShares S&P SmallCap Sector Portfolios are based upon respective S&P SmallCap 600 Capped Sector Indexes, each of which is designed to measure the overall performance of common stocks of [...] Related Stories: PowerShares Plans Small Cap Sector ETFs Global X Launches Two China Sector ETFs PowerShares Launches Closed End Fund ETF (PCEF)