Frankfurt (6 May 2022) – Today, MarketVector Indexes announced the licensing of the BlueStar Global Robotics & 3D Printing Index (ticker: BRB3D) to Pacer Advisor Inc. as underlying index for their Pacer BlueStar Engineering the Future ETF.
The BlueStar Global Robotics & 3D Printing Index (ticker: 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 software (CAD), 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,” stated Steven Schoenfeld, CEO of MarketVector Indexes. “BRB3D provides focused exposure to the companies at the cutting-edge of ‘Industry 4.0,’ characterized by disruptive industrial automation with extensive deployment of robotics and 3D printing,” he continued
“We are excited 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 work 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 capitalisation and is calculated in USD as a price index, a total return gross index and a total return net index. The index is reviewed on a semi-annual basis. Detailed information about the index, including methodology details and index data, is available on the MarketVector Indexes website.