New ETF Rides, Flies, Sails Into Greener Transportation Pastures
September 04, 2008 at 15:00 PM EDT
Taking two great ideas and combining them together in one exchange traded fund (ETF) is what PowerShares does with their forthcoming transportation fund. The PowerShares Progressive Transportation Portfolio (PTRP) is expected to list on NASDAQ on Sept. 18. Global economic growth is increasing demand for sustainable transportation, but in most cases haven’t been matched by sustainable improvements [...]
