Bats Global Markets, Inc. (Bats: BATS) today welcomed another new fund from Pacer ETFs to the Bats ETF Marketplace, the seventh Pacer fund listed on Bats.
The Pacer US Cash Cows 100 ETF (Bats: COWZ) tracks the Pacer US Cash Cows 100 Index, which screens equities based on their average projected free cash flows and earnings, if available, over two fiscal years.
The companies are ranked by their trailing 12-month free cash flow yield and the 100 companies with the highest free cash flow yields are included in the index. Additional information is available here.
Bats executed 23.4% of U.S. ETF trading in November.
As of today, there are 23 issuers with a combined 120 ETFs listed in the U.S. on the Bats ETF Marketplace.