Alternative Investments/AI: Pacer Launches Robotics & 3D Printing ETF

The new ETF targets manufacturing and engineering developments leading the Fourth Industrial Revolution, also known as Industry 4.0.

Pacer ETFs has announced the launch of its all-new Pacer BlueStar Engineering the Future ETF (BULD) that tracks the BlueStar Global Robotics & 3D Printing Index. Accordingly, the ETF targets manufacturing and engineering developments leading to The Fourth Industrial Revolution, also known as Industry 4.0, which is characterized by disruptive industrial automation, and dependency on 3D printing and robotics. (BusinessWire)

Pacer BlueStar Engineering the Future ETF (BULD)

The ETF will, in accordance with the index, invest in globally listed stocks and depositary receipts of companies that derive at least 50% of their revenues from robotics or manufacturing automation equipment (assigned 50% weight), computer-aided design (CAD) software (25% weight), or 3D printing products or services and material providers (25% weight).

Companies so qualifying are further screened by market cap, average monthly volume, and 3-month average daily value traded.

Fundspeak: Next big technology revolution

“BULD provides exposure to the companies that are leading the technology, manufacturing, and engineering industries to new heights in what is called ‘The Fourth Industrial Revolution,’” said Sean O’Hara, president of Pacer ETF Distributors, in a statement. “BULD aims to follow the next generation of industrial automation that will support this societal change by enhancing supply chains, providing new solutions for mass customization, and much more.”

“At Pacer ETFs, it’s our mission to provide investors with investment opportunities that tap into societal changes and have the potential to transform the way businesses operate,” said Joe Thomson, president and founder of Pacer Financial. “This ETF could provide a new way for investors to capitalize on the next big technology revolution.”

Related Story: AdvisorShares Offers Drone Technology ETF

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Michael Saylor Unmoved By Crypto Weakness; “We Think It’s The Future Of Money”
May 20, 2022     Digital Assets, News

Michael Saylor, CEO of MicroStrategy (NASDAQ: MSTR), who is permanently bullish on bitcoin, reiterated his positive outlook for the leading crypto in an interview on Thursday. Note that MicroStrategy currently…
Digital Assets: Traditional Markets Could Suffer Contagion From (Un)Stablecoins (SEC Chair Gensler)
May 20, 2022     Digital Assets, News

The crypto world was dealt a body blow by the collapse of the TerraUSD (UST) stablecoin earlier this month. The Terra meltdown is now being referred as crypto’s “Lehman moment.”…
Venture Capital: Big-Ticket Funding Rounds In Fintechs
May 20, 2022     FinTech, News, Venture Capital

Fast-growing, Southeast Asia-focused payments infrastructure platform Xendit closed on a US$300 million Series D funding co-led by Coatue and Insight Partners with additional investment from Accel, Tiger Global, Kleiner Perkins,…
FinTech: Sam Bankman-Fried Led FTX.US Makes Inroads Into Stock Trading
May 20, 2022     Digital Assets, FinTech, Latest News, News

FTX Stocks is an equity trading platform offered through the FTX US trading application. FTX US announced Thursday a private beta phase trading on the platform for US customers selected…