BATS Announces Annual Changes to BATS 1000 Index
U.S. Equities Market Benchmark Celebrates Fifth Anniversary; CDW Corporation, News Corporation, and Rite Aid Among the Companies Added to the Index
KANSAS CITY, Mo.--(BUSINESS WIRE)--BATS Global Markets (BATS) today announced the results of the annual reconstitution of the BATS 1000® Index, a U.S. equities market benchmark, which became effective prior to market open today.
“Five years ago we set out to create a new U.S. equities market benchmark that would capture the overall mood and market disposition more effectively, and we’re excited about the track record of the BATS 1000 Index”
As a result of the reconstitution, a total of 21 companies will be replaced in the Index. Some of the companies being added to the Index include CDW Corporation (CDW), Kate Spade & Co. (KATE), News Corporation (NWSA), Quintiles Transnational Holdings Inc. (Q), Rite Aid Corporation (RAD), and SunEdison Inc. (SUNE).
The BATS 1000 Index, which marks its fifth anniversary today, tracks the performance of 1,000 U.S. securities within 10 equally-weighted industry sectors. The Index is rebalanced on an annual basis to assign an equal 10% weighting to each of its 10 sectors.
“Five years ago we set out to create a new U.S. equities market benchmark that would capture the overall mood and market disposition more effectively, and we’re excited about the track record of the BATS 1000 Index,” said Joe Ratterman, Chief Executive Officer of BATS Global Markets. “We believe it is a valuable tool to help investors gauge current market conditions and measure the sentiment of today’s U.S. equities market.”
On Monday, June 30, the BATS 1000 Index closed at 22,139.22, up 6.32% year-to-date. The BATS 1000 Index was launched on July 1, 2009, with a base value of 10,000. Since its inception, the BATS 1000 Index is up 121.4%.
The BATS 1000 Index data is available via the Consolidated Tape System enabling distribution of the data to the public via the Internet and other electronic media. BATS 1000 Index data can also be found via Yahoo! Finance (^BATSK), Reuters.com (.BATSK), and StockCharts ($BATSK), among others.
The BATS 1000 Index and sub-indices are identified by the following ticker symbols:
|BATS 1000 Index||BATSK|
|BATS Alternative Resources and Energy Sector Index||BATAR|
|BATS Basic Materials Sector Index||BATBM|
|BATS Business Services Sector Index||BATBS|
|BATS Consumer Goods Sector Index||BATCG|
|BATS Consumer Services Sector Index||BATCS|
|BATS Financials Sector Index||BATFN|
|BATS Healthcare and Pharmaceuticals Sector Index||BATHP|
|BATS Industrials and Manufacturing Sector Index||BATIM|
|BATS Technology and Communications Sector Index||BATTC|
|BATS Utilities Sector Index||BATUT|
About BATS Global Markets, Inc.
BATS Global Markets, Inc. is a leading global operator of securities markets, committed to Making Markets Better for traders, investors and issuers. In the U.S., BATS operates four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is an important listing venue for ETFs and other structured products and also operates BATS Options, a U.S. equity options market. In Europe, BATS operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets. With its world-class proprietary technology and relentless customer focus, BATS strives to bring efficiency, transparency and fairness to market participants. The company is headquartered in Kansas City with offices in the New York area and London. Further information on BATS can be found at www.bats.com and by following us on Twitter @BATSGlobal.