Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company has today welcomed new issuer SportsETFs to the Bats ETF Marketplace with the launch of one fund.
The Pro Sports Sponsors ETF (Bats: FANZ) seeks to provide investment results that, before fees and expenses, track the total return performance of the Pro Sports Sponsors Index. The Index is designed to measure the performance of companies which are official sponsors of the major professional football, baseball, hockey and basketball leagues in the United States or national sports broadcasters with rights agreements with such leagues.
Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products at Bats:
Through ETFs, investors of every sort can easily access creative investment ideas through cost-competitive, highly liquid products – as epitomized by FANZ. We’re thrilled that SportsETFs has chosen Bats as the listing venue for this, their first fund, and look forward to working them in the future.
Year-to-date, Bats has welcomed 44 ETFs to its U.S. market. In the second quarter of 2017, Bats welcomed a total of 26 ETFs to the Bats ETF Marketplace, and year-to-date has won 38 percent of all new U.S. ETF listings. There are now 184 ETFs listed on Bats ETF Marketplace, from 36 different issuers.