BATS Exchange Welcomes ValueShares

BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today announced that Alpha Architect's first exchange-traded fund (ETF), the ValueShares U.S. Quantitative Value ETF

begins trading today on BATS Exchange. The ValueShares U.S. Quantitative Value ETF, which is an actively managed exchange-traded fund, seeks to provide long-term capital appreciation by investing in value securities of U.S. companies across industries and market capitalizations. The Fund will invest in approximately 50 of the top U.S. equity securities determined by a quantitative model developed by Alpha Architect Founder and CIO, Wesley R. Gray, Ph.D. More information about the ValueShares U.S. Quantitative Value ETF is available on the Alpha Architect website. “We are excited to welcome another issuer to our market and we are honored that Alpha Architect selected BATS Exchange as its listing destination,” said Brian King, Director of Listings at BATS. “We hope to help them meet their goals for the ValueShares U.S. Quantitative Value ETF and look forward to growing our partnership.” The BATS Exchange Listings program offers ETF issuers a variety of innovative service offerings including the Competitive Liquidity Provider (CLP) program, which rewards market makers for tighter quoted spreads with increased liquidity in BATS-listed securities. Additional information on the BATS Listings program, including the BATS Listings Rules, is available on the BATS Listings website. Companies interested in learning more may email listings@bats.com.