PowerShares Planning Beta, Momentum, Volatility ETFs

After announcing earlier this month that it plans to shutter ten ETFs by the end of the year, PowerShares continues to push ahead with plans for additional innovations in the ETF space. The Wheaton, Illinois-based firm recently filed details with the SEC for a line of ETFs linked to S&P indexes built around various investment strategies, including beta, momentum, and volatility. The filing detailed plans for the following ETFs: S&P 500 High Beta Portfolio: Linked to an index consisting of the 250 stocks from the S&P 500 Index with the highest beta over the past 12 months. S&P 500 Low Beta Portfolio: Linked to an index consisting of the 250 stocks from the S&P 500 Index with the lowest beta over the past 12 months. S&P 500 High Momentum Portfolio: Linked to an index consisting of the 100 stocks from the S&P 500 with the highest percentage price appreciation over the last [...] Click here to read the original article on ETFdb.com. Related Stories: Russell Planning Major ETF Push Guide To Volatility ETFs: Volatility ETN Investing 101 PowerShares Plans Financial ETF Expansion