iShares Aussie Small Cap ETF to Debut On Thursday

BlackRock's 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 EWAS. The iShares MSCI Australia Index Fund follows the introduction of the iShares MSCI Norway Capped Investable Market Index Fund 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 EWCS iShares MSCI Finland Capped Investable Market Index Fund EFNL iShares MSCI Germany Small Cap Index Fund EWGS iShares MSCI India Index Fund INDA iShares MSCI India Small Cap Index Fund SMIN and the iShares MSCI United Kingdom Small Cap Index Fund EWUS. EWAS will compete with the IndexIQ Australia Small-Cap ETF 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.