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 another new fund from Pacer ETFs to the Bats ETF Marketplace, the seventh Pacer fund listed on Bats.
The Pacer US Cash Cows 100 ETF (Bats: COWZ) tracks the Pacer US Cash Cows 100 Index, which screens equities based on their average projected free cash flows and earnings, if available, over two fiscal years. The companies are ranked by their trailing 12-month free cash flow yield and the 100 companies with the highest free cash flow yields are included in the index. Additional information is available here.
Bats executed 23.4% of U.S. ETF trading in November and has won 25% of all new U.S. ETF listings this year, through November, vs 9% for all of 2015.
As of today, there are 23 issuers with a combined 120 ETFs listed in the U.S. on the Bats ETF Marketplace.
Additional information regarding listing and trading on the Bats ETF Marketplace is available on ETFMarketplace.com. ETF issuers interested in joining the many firms listing on Bats may email firstname.lastname@example.org.
About Bats Global Markets
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. Also, 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, Singapore and Quito. Visit bats.com and @BatsGlobal for more information.
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.