Westwood Holdings Group has put the new Texas Stock Exchange squarely on the map, filing a prospectus with the Securities and Exchange Commission on Tuesday for the Westwood Salient Enhanced Power & Infrastructure ETF and naming TXSE as its planned primary listing venue. If regulators sign off, the actively managed fund would trade under the ticker PWRX and invest across traditional energy, renewables and power‑infrastructure names.
As reported by The Dallas Morning News, the filing marks the first public commitment to put an exchange‑traded product’s primary listing on TXSE. The outlet quoted TXSE’s global head of exchange‑traded products Rob Marrocco, saying the exchange was built with alignment, transparency, and true partnership at its core, while Westwood CEO Brian Casey framed the decision as a nod to the firm’s local leadership in energy investing.
Where this fits in TXSE’s rollout
TXSE’s own Member Readiness and Launch Guide outlines a phased go‑live window for continuous trading between July 2 and July 17, and projects the first exchange‑traded product listings in September 2026, according to TXSE. Regional outlets, including Dallas Innovates, report the exchange’s capital commitments have climbed toward roughly $275 million as it gears up to open for trading.
Why Westwood is listing in Dallas
PWRX is structured as an actively managed ETF with an options overlay that targets companies across energy and power generation, ranging from legacy producers to data‑center infrastructure and carbon‑management technologies, as laid out in the prospectus. Westwood’s public disclosures show its ETF platform reached about $200 million in assets in 2025, with MDST around $170 million and WEEI near $30 million, per Westwood’s SEC filing, and the firm lists its ETF lineup on Westwood.
What to watch next
The prospectus naming TXSE as the primary exchange gives the Dallas market an early headline, but the fund still needs regulatory clearance and TXSE must complete its phased certification before listings can start. The exchange received formal SEC registration approval in the fall of 2025, according to Texas Lawbook. Market participants will be watching for subsequent SEC notices, listing filings and TXSE updates as the July‑to‑September rollout window approaches.
