KANSAS CITY, Mo. & NEW YORK--(BUSINESS WIRE)--Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for exchange-traded fund (ETF) trading, today welcomed Aptus Capital Advisors as a new issuer to the Bats ETF Marketplace with the launch of the Aptus Behavioral Momentum ETF (Bats: BEMO).
The new ETF is the first fund from Aptus, Fairhope, Ala., and seeks to track the performance of the proprietary Aptus Behavioral Momentum Index. In favorable market environments, Behavioral Momentum seeks to own stocks that are making or near new highs and, in difficult environments, it seeks to preserve capital by gaining exposure to treasury securities. Additional information is available at www.AptusFund.com.
“We are thrilled that Aptus Capital Advisors has selected the Bats ETF Marketplace as the home for their first ETF,” said Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products, at Bats. “We appreciate the unique Aptus methodology and look forward to working with them as they continue their growth and impact markets.”
With the addition of Aptus, there are now 11 issuers listed on the Bats ETF Marketplace.
Bats executed 24.5% of U.S. ETF trading in May and has been the #1 U.S. market for ETF trading and the #2 U.S. market for overall equities trading for every month of 2016.
Additional information regarding listing and trading on the Bats ETF Marketplace is available on the Bats website. ETF issuers interested in joining the many firms listing on Bats may email firstname.lastname@example.org.
Bats and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. You cannot invest directly in an index. This press release speaks only as of this date. Bats disclaims any duty to update the information herein.
About Bats Global Markets, Inc.
Bats Global Markets, Inc. (Bats: BATS) is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. Bats is the second-largest stock exchange operator in the U.S., operates the largest stock exchange and trade reporting facility in Europe, and the #1 market globally for ETF trading. We also operate growing ETF listings venues in the U.S. and Europe, two U.S. options exchanges and Bats Hotspot, our global foreign exchange market. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco and Singapore. Visit bats.com and @BatsGlobal for more information.