FRANKFURT, Germany, May 6, 2022–(BUSINESS WIRE)–Today, MarketVector Indexes announced the licensing of the BlueStar Global Robotics and 3D Printing Index (Symbol: BRB3D) to Pacer Advisor Inc. as the underlying index for its Pacer BlueStar Engineering the Future ETF.
the BlueStar Global Robotics and 3D Printing Index (Symbol: BRB3D) tracks the performance of the global robotics, industrial automation and 3D printing segments. The index includes companies that generate at least 50% of their revenue from robots or manufacturing automation equipment, computer-aided design (CAD) software or additive manufacturing (3D printing) systems. or related materials and software.
“We are proud to license the BlueStar Global Robotics & 3D Printing Index to our partners at Pacer for their unique new ETF,” said Steven Schoenfeld, CEO of MarketVector Indexes. “BRB3D provides targeted exposure to companies at the forefront of ‘Industry 4.0’, characterized by disruptive industrial automation with widespread deployment of robotics and 3D printing,” he continued.
“We are delighted to license the BlueStar Global Robotics & 3D Printing Index, provided by MarketVector Indexes, and begin our relationship with such a forward-looking index provider as we strive to provide innovative and unique ETF solutions to financial advisors and investors,” said Sean O’Hara, president of Pacer ETF Distributors.
It is weighted by free float market capitalization and is calculated in USD as a price index, a gross total return index and a net total return index. The index is revised on a semi-annual basis. Detailed information about the index, including details of the methodology and index data, is available on the MarketVector Indexes website.
Main characteristics of the index
BlueStar Global Robotics and 3D Printing Index (Symbol: BRB3D)
Number of components: 56
Reference date: 30 December 2016
Base value: 100
Note to Editors:
About MarketVector Indices – www.mvis-indices.com
MarketVector Indexes GmbH (MVIS®) develops, monitors and markets the MVIS® indices, a targeted selection of pure-play and investable indices. The introduction of MVIS® indices expanded VanEck’s successful brand from exchange-traded products to indices, and the current portfolio of MarketVector indices reflects the company’s deep expertise in emerging markets, sustainable assets, fixed income securities and special asset classes. Approximately $33.60 billion in assets under management is currently invested in financial products based on MVIS® indices. MarketVector Indexes is a VanEck® company.
About Pacer – www.PacerETFs.com
Pacer ETFs is a strategy-focused exchange-traded fund provider with 44 ETFs and over $13 billion in assets under management, as of 05/04/2022. Pacer ETFs is focused on meeting the needs of investors through its six families of funds, Pacer Trendpilot® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, Pacer Leaders ETF Series, Pacer Factor ETF Series and the Pacer Swan SOS ETF series. Pacer ETFs use a rules-based passive management approach to track S&P, NASDAQ, FTSE Russell and custom indices.
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Eunjeong Kang, MarketVector indices
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