Alternative Investments/Digital: Pacer ETFs Launches Data And Digital Revolution ETF
![https://dailyalts.com/wp-content/uploads/2022/06/big-data-g40be55da2_640.jpg https://dailyalts.com/wp-content/uploads/2022/06/big-data-g40be55da2_640.jpg](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2022/06/big-data-g40be55da2_640.jpg)
Pacer also simultaneously launched an Industrials and Logistics ETF (SHPP).
Pacer ETFs, which specializes in strategy-driven, rules-based ETFs, announced Thursday its launch of the Pacer Data and Digital Revolution ETF (TRFK), which seeks to capitalize on the emerging trend of data transmission and the digital revolution. (BusinessWire)
Pacer Data and Digital Revolution ETF (TRFK)
This ETF tracks a rules-based index (Pacer Data Transmission and Communication Revolution Index) that is constituted using the performance of publicly traded companies involved in the use, manipulation, transmission, storage of data, and ancillary services.
Fund investors could benefit from the opportunity to invest in product and service companies that enable and/or enhance data mining, hardware, and software system operations.
For example, hardware is an essential need for data centers and there continues to be a bigger demand for such products in everyday life. TRFK aims to capture the growth within this field as scarcity of semiconductors is currently a rampant problem.
The expense ratio of the ETF is 0.60%.
Fundspeak
“Global supply chain shortfalls and increased demand for high-tech data resources have impacted every sector of the market,” said Sean O’Hara, president of Pacer ETF Distributors. “SHPP and TRFK were launched to offer advisors direct access to the companies supplying the infrastructure, operational, and logistics support that must be built out before both of these global issues are resolved. We believe these ETFs provide opportunities to capitalize on global long-term trends that address and strengthen supply chains, as well as enhance all aspects of the digital revolution.”
Related Story: Pacer Launches Robotics & 3D Printing ETF
![Shape Shape](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2019/08/shape.png)
Latest Alternative Investment News
![https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6-wpv_300x300_center_center.jpg)
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
![https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2023/12/RHCEU-Inline-wpv_300x300_center_center.jpg)
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
![https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1-wpv_300x300_center_center.png)
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
![https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg](https://dailyaltslive.wpenginepowered.com/wp-content/uploads/2023/12/Revaia-founders-wpv_300x300_center_center.jpg)
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…