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First Trust EIP Carbon Impact ETF (NYSE Arca: ECLN) has announced significant changes to its investment strategy and branding, effective September 5, 2025. The fund will be renamed to First Trust EIP Power Solutions ETF with the new ticker symbol FPWR.
The ETF's investment policy has been revised to invest at least 80% of its net assets in equity securities of Power Solutions Companies, as identified by sub-advisor Energy Income Partners (EIP). Key changes include expanding eligible investments to include nuclear energy systems and focusing on companies involved in power generation, transmission, and system improvements. First Trust Advisors currently manages approximately $281 billion in assets as of July 31, 2025.
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