Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced that has today welcomed a second Principal fund to the Bats ETF Marketplace.
The Principal Spectrum Preferred Securities Active ETF (Bats: PREF) seeks to invest at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase, normal circumstances provided.
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.