Bats Global Markets, Inc.(Bats: BATS), the U.S. market for exchange-traded fund (ETF) trading, welcomed a suite of four new PowerShares ETFs to the Bats ETF Marketplace.
The products include:
- The PowerShares Conservative Multi-Asset Allocation Portfolio (Bats: PSMC) which seeks total return consistent with a lower level of risk relative to the broad stock market.
- The PowerShares Moderately Conservative Multi-Asset Allocation Portfolio (Bats: PSMM) which seeks to provide current income and some capital appreciation.
- The PowerShares Balanced Multi-Asset Allocation Portfolio (Bats: PSMB) which seeks to provide current income and capital appreciation.
- The PowerShares Growth Multi-Asset Allocation Portfolio (Bats: PSMG) which seeks to provide long-term capital appreciation.
In January, Bats welcomed 13 ETFs to its U.S. market. In the fourth quarter of 2016, Bats welcomed a total 34 ETFs from 13 providers.
Including transfers from competitor venues, Bats welcomed 85 ETF listings to its U.S. market, an increase of 145% over 2015.
There are now 155 ETFs listed on Bats ETF Marketplace, from 27 different issuers.