Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company welcomed a fifth Alpha Architect fund to the Bats ETF Marketplace.
The Alpha Architect Value Momentum Trend ETF (Bats: VMOT) seeks to track the total return performance of the Alpha Architect Value Momentum Trend Index, and joins the firm’s four other momentum-focused funds listed on Bats. The Index looks to mitigate extreme market drawdowns, while capturing focused global value and momentum equity exposures.
Year-to-date, Bats has welcomed 35 ETFs to its U.S. market. In the first quarter of 2017, Bats welcomed a total of 23 ETFs from eight issuers to the Bats ETF Marketplace, and year to date, has won 39% of all new U.S. ETF listings.
There are now 170 ETFs listed on Bats ETF Marketplace, from 32 different issuers.