iShares Aussie Small Cap ETF to Debut On Thursday

BlackRock's (NYSE:
BLK
) iShares unit, the world's largest ETF issuer, will introduce a second ETF on the BATS Exchange on Thursday when the firm rolls out the iShares MSCI Australia Small Cap Index Fund (BATS: EWAS). The iShares MSCI Australia Index Fund follows the introduction of the iShares MSCI Norway Capped Investable Market Index Fund (BATS: ENOR), which was the first primary listing for the BATS Exchange operated by BATS Global Markets. After EWAS debuts, iShares
plans to list six more ETFs on the BATS exchange
. Those funds include the iShares MSCI Canada Small Cap Index Fund (BATS: EWCS) iShares MSCI Finland Capped Investable Market Index Fund (BATS: EFNL) iShares MSCI Germany Small Cap Index Fund (BATS: EWGS) iShares MSCI India Index Fund (BATS: INDA) iShares MSCI India Small Cap Index Fund (BATS: SMIN) and the iShares MSCI United Kingdom Small Cap Index Fund (BATS: EWUS). EWAS will compete with the IndexIQ Australia Small-Cap ETF (NYSE:
KROO
) which has over$15 million in AUM. The debut of EWAS will mark the seventh new ETF iShares has rolled out this year. iShares had 220 ETFs with $447.8 billion in AUM at the end of 2011.
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