Aptus Capital Advisors has become the latest issuer on the Bats ETF Marketplace with the launch of the Aptus Behavioral Momentum ETF (BEMO).
The new ETF is the first fund from Aptus, and it seeks to track the performance of the proprietary Aptus Behavioral Momentum Index. In favorable market environments, Behavioral Momentum seeks to own stocks that are making or near new highs and, in difficult environments, it seeks to preserve capital by gaining exposure to treasury securities.
“We are thrilled that Aptus Capital Advisors has selected the Bats ETF Marketplace as the home for their first ETF,” says Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products, at Bats. “We appreciate the unique Aptus methodology and look forward to working with them as they continue their growth and impact markets.”
