Cboe Global Markets, Inc. (NASDAQ: CBOE) announced that it has welcomed a new Aptus fund to the Cboe ETF Marketplace.
The Aptus Fortified Value ETF (Cboe: FTVA) seeks to track the performance, before fees and expenses, of the Aptus Fortified Value Index (“Index”). The Index is a rules-based, equal-weighted index that is designed to gain exposure to 50 of the most undervalued U.S.-listed common stocks and real estate investment trusts (“REITs”), while hedging against significant U.S. equity market declines when the market is overvalued with a “tail hedge” of long put options on a security that tracks the broader U.S. equity market.
Year-to-date, Cboe has welcomed 114 ETFs to its U.S. market. In the third quarter of 2017, Cboe welcomed a total of 23 ETFs to the Cboe ETF Marketplace as well as 30 transfers, and year-to-date has won 36 percent of all new U.S. ETF listings.
There are now 235 ETFs listed on Cboe ETF Marketplace, from 45 different issuers.