Bats welcomes four new PowerShares funds to the Bats ETF Marketplace

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.

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