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Elkhorn lists nine midcap sector ETFs on Bats

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Elkhorn Investments has listed a suite of nine midcap sector exchange traded funds on the Bats ETF Marketplace.

The Elkhorn S&P MidCap Sector ETFs are the first midcap sector ETFs available and provide beta exposure to US midcaps, tracking the S&P MidCap 400 Capped Indexes which provide investable market cap exposure to the underlying GICS sectors of the S&P MidCap 400 Index. Midcaps are often referred to as the "sweet spot" within US equities given their long-term outperformance of both US large and small caps.

“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,” says 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.”

“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,” says Laura Morrison, Senior Vice President and Global Head of Exchange-Traded Products at Bats.

The new ETFs are: 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; and 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.

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