BATS Announces Annual Changes To BATS 1000® Index
U.S. Equities Market Benchmark Celebrates Fourth Anniversary; Facebook Added to Index During Annual Reconstitution
KANSAS CITY, Mo., July 1, 2013 /PRNewswire/ -- BATS Global Markets today announced the results of the annual reconstitution of the BATS 1000® Index, a U.S. equities market benchmark, which became effective prior to market open today.
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As a result of the reconstitution, a total of 27 companies will be replaced in the Index. Some of the companies being added to the Index include Facebook Inc. (FB), Avis Budget Group, Inc. (CAR), TripAdvisor Inc. (TRIP), Raymond James Financial, Inc. (RJF), and Cabela's Inc. (CAB).
The BATS 1000 Index, which marks its fourth anniversary today, tracks the performance of 1,000 U.S. securities within 10 equally-weighted industry sectors. The Index is rebalanced on an annual basis to assign an equal 10% weighting to each of its 10 sectors.
"As the BATS 1000 enters its fifth year, we're excited by the track record it has created in capturing the overall market disposition more effectively," said Joe Ratterman, president and chief executive officer of BATS Global Markets. "We believe it is a valuable tool to help investors gauge current market conditions and measure the sentiment of today's U.S. equities market."
On Friday, June 28, the BATS 1000 Index closed at 18,030.56, up 12.4% year-to-date. For the same timeframe the S&P 500 Index was up 12.6%. The BATS 1000 Index was launched on July 1, 2009, with a base value of 10,000. Since its inception, the BATS 1000 Index is up 80.3% vs 74.7% for the S&P 500.
The BATS 1000 Index data is available via the Consolidated Tape System, the operating authority for exchange-listed securities information, enabling distribution of the data to the public via the Internet and other electronic media. BATS 1000 Index data can also be found via Yahoo! Finance (^BATSK), Reuters.com (.BATSK), and StockCharts ($BATSK), among others.
For more information about the BATS 1000 Index, please review the BATS 1000 Index Overview and BATS 1000 Index Methodology.
The BATS 1000 Index and sub-indices are identified by the following ticker symbols:
| Index Name |
Ticker |
| BATS 1000 Index |
BATSK |
| BATS Alternative Resources and Energy Sector Index |
BATAR |
| BATS Basic Materials Sector Index |
BATBM |
| BATS Business Services Sector Index |
BATBS |
| BATS Consumer Goods Sector Index |
BATCG |
| BATS Consumer Services Sector Index |
BATCS |
| BATS Financials Sector Index |
BATFN |
| BATS Healthcare and Pharmaceuticals Sector Index |
BATHP |
| BATS Industrials and Manufacturing Sector Index |
BATIM |
| BATS Technology and Communications Sector Index |
BATTC |
| BATS Utilities Sector Index |
BATUT |
About BATS Global Markets, Inc.
BATS Global Markets, Inc. (BATS) is a leading operator of securities markets in the U.S. and Europe. In the U.S., BATS operates two stock exchanges, the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and the BATS 1000 Index, an innovative U.S. equities market benchmark. The BATS BZX Exchange is a primary listings venue for exchange-traded products and is home to 19 exchange-traded funds. In Europe, BATS Chi-X Europe, a Recognised Investment Exchange and the largest pan-European equities exchange by market share and value traded, offers trading in more than 1,800 of the most liquid equities across 25 indices and 15 major European markets. The company is headquartered in the Kansas City, Mo. area, with additional offices in New York and London. For more information, visit www.bats.com.
SOURCE BATS Global Markets
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