Bats Global Markets, Inc. (Bats: BATS) welcomed nine new midcap sector ETFs from Elkhorn Investments. All of the issues begin trading today on the Bats ETF Marketplace.
Laura Morrison, Bats
Since Elkhorn’s initial listing on Bats in 2015, they’ve been a strong partner and the launch of this first-of-its-kind midcap offering is evidence of their innovative mindset,” said Laura Morrison, Senior Vice President and Global Head of Exchange Traded Products at Bats.
We are excited to bring to market what may be the last frontier of beta exposure to an important area of U.S. equities, midcap sectors,” said Graham Day, CFA, Senior Vice President, Head of Product and Research, at Elkhorn Investments. “Midcaps are commonly referred to as a ‘sweet spot’ for equity investing given their long-term outperformance of both large and small caps and we believe the Elkhorn S&P MidCap Sector ETFs will provide ETF investors better tools to access this space.
The products include:
- The Elkhorn S&P MidCap Consumer Discretionary Portfolio (Bats: XD), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Consumer Discretionary Index.
- The Elkhorn S&P MidCap Energy Portfolio (Bats: XE), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Energy Index.
- The Elkhorn S&P MidCap Financials Portfolio (Bats: XF), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Financials Index.
- The Elkhorn S&P MidCap Health Care Portfolio (Bats: XH), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Health Care Index.
- The Elkhorn S&P MidCap Industrials Portfolio (Bats: XI), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Industrials Index.
- The Elkhorn S&P MidCap Information Technology Portfolio (Bats: XK), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Information Technology Index.
- The Elkhorn S&P MidCap Materials Portfolio (Bats: XM), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Materials Index.
- The Elkhorn S&P MidCap Consumer Staples Portfolio (Bats: XS), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Consumer Staples Index.
- The Elkhorn S&P MidCap Utilities Portfolio (Bats: XU), seeking investment results that generally correspond to the price and yield of the S&P MidCap 400® Capped Utilities Index.
Elkhorn now has 13 ETFs listed on the Bats ETF Marketplace. To see the other four, click here.