PowerShares Fundamental ETFs Top $5B in Assets

Invesco's (NYSE: IVZ ) PowerShares, the fourth-largest U.S. ETF issuer, announced Tuesday the PowerShares Fundamental suite of ETFs recently passed the $5 billion assets under management, underscoring the rising popularity of ETFs that use alternative methodologies to weighting by market capitalization. "Invesco PowerShares has been focused on providing investors with