Invesco Ltd. (IVZ) Unit Launches New PowerShares ETF

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Invesco PowerShares Expands Industry-Leading Factor ETF Lineup, Launches DWA Momentum & Low Volatility Rotation Portfolio (DWLV)

July 14, 2016 9:01 AM EDT

DOWNERS GROVE, Ill., July 14, 2016 /PRNewswire/ -- Invesco PowerShares Capital Management, LLC, a leading global provider of exchange-traded funds (ETFs), announced today the launch of the PowerShares DWA Momentum & Low Volatility Rotation Portfolio (DWLV), the first ETF to use DWA's powerful Dynamic Asset Level Investing (DALI) tool. DALI uses relative strength analysis to rank macro asset classes based on developing leadership trends within global capital markets.

"As one of the earliest pioneers of low volatility ETFs, we have seen the power of factor-based strategies in full force this year for investors around the world," said Dan... More