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Screenshot of a breaking news alert e-mail from Q2 2017
Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace.
The J.P. Morgan Ultra-Short Income ETF (Bats: JPST) seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt.
As part of its principal investment strategy, the Fund may invest in corporate securities, asset-backed securities, mortgage-backed and mortgage-related securities, and high quality money market instruments such as commercial paper and certificates of deposit.
Year-to-date, Bats has welcomed 40 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 percent of all new U.S. ETF listings.
There are now 175 ETFs listed on Bats ETF Marketplace, from 34 different issuers.