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Invesco PowerShares to close 19 small ETFs

Invesco PowerShares Capital Management LLC said today that it plans to close 19 of its current 135 exchange traded funds.

Invesco PowerShares Capital Management LLC said today that it plans to close 19 exchange traded funds on May 18. The funds had $122 million in assets as of March 31.
The PowerShares product line currently includes 135 ETFs with assets of $25.8 billion as of March 31.
“After carefully evaluat

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