Weekly roundup: PowerShares plans sector ETFs; RBS adds to ETN range

The ETFM weekly roundup brings you some of this week's ETP news.

Invesco PowerShares is planning to list four sector ETFs in US. The ETFs will track KBW indices for the banking, capital markets, insurance and regional banking sectors.

PowerShares has exclusive rights to the indices; the State Street ETFs currently tied to the indices will remain in existence but they will no longer track the indices.

The PowerShares ETFs are expected to begin trading on 1 November.

RBS has added to its suite of ETNs with the RBS Global Big Pharma ETNs, which are listed on the New York Stock Exchange.

The notes track the NYSE Arca Equal Weighted Pharmaceutical Total Return Index, which comprises stocks and depository receipts from 16 large-cap global pharmaceutical companies involved in various stages of development, production and marketing of pharmaceuticals.

Schwab has listed a US dividend ETF on the New York Stock Exchange. The ETF tracks the Dow Jones US Dividend 100 Index, which selects stocks by dividend yield and then screens them for dividend-per-share growth, dividend payout ratio and average daily dollar trading volume.

Russell Investments has filed with the US Securities and Exchange Commission for six actively managed ETFs. The funds will provide exposure to large, mid and small-cap US stocks as well as large-cap value and growth stocks.