First Trust Rebrands Carbon Im en Austin

First Trust has rebranded its Carbon Impact ETF to the First Trust EIP Power Solutions ETF (FPWR), reflecting a new focus on companies driving cleaner, safer, and more resilient energy infrastructure. Managed with Energy Income Partners, FPWR will allocate at least 80% of assets to firms in power generation, transmission, nuclear, and advanced systems that enhance reliability and affordability. With $281B in assets under management, First Trust positions FPWR as a thematic opportunity for investors seeking exposure to the future of energy and grid modernization.

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