Westwood Holdings Group, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $183.2M
- Price
- $19.20
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.26%
- Volume
- 12.1K
About
Westwood Holdings Group, Inc. is an investment management firm that, operating through its various subsidiaries, offers a suite of financial services and actively manages client investment portfolios. The company's business activities are divided into two primary divisions: Advisory and Trust. The Advisory segment specializes in providing investment guidance and portfolio management services directly to a diverse client base, which includes corporate and public pension plans, endowments, foundations, private individuals, and the company's own Westwood Funds. Additionally, this segment offers specialized investment sub-advisory expertise to external mutual funds, various pooled investment vehicles, and its internal Trust segment. The Trust segment is responsible for delivering comprehensive trust and custodial services. It also manages and participates in common trust funds that it sponsors, primarily catering to institutional clients and affluent individuals. Westwood Holdings Group, Inc. was founded in 1983 and is headquartered in Dallas, Texas.
Quick stats
Shares outstanding9.5M
Computed float7.9M
Float / shares82.8%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001165002
AI Summary
AI-generated1/17
minorneutralproduct launch
Westwood Launches Westwood Salient Enhanced Power & Infrastructure ETF (PWRX), the First ETF to Launch on the Texas Stock Exchange
Westwood Holdings Group launched the Westwood Salient Enhanced Power & Infrastructure ETF (TXSE: PWRX), the first new ETF to list on the newly opened Texas Stock Exchange.
PWRX is an actively managed fund spanning power, energy and infrastructure names with a single-stock covered call overlay, targeting monthly income and exposure to AI-, data-center- and reshoring-driven electricity demand growth; it is managed by Westwood's Houston-based energy team.
PWRX joins the Westwood Enhanced Income Series alongside MDST, WEEI and YLDW — a franchise milestone for the manager, but one that does not change MDST's own strategy, holdings or economics.
Red flags
- Promotional launch release; no AUM, expense ratio, or fee figures disclosed for the new fund
- PWRX is newly formed with limited operating history; covered call overlay caps upside in the very power theme it targets