MarketVector Indexes Licenses the BlueStar Global Robotics & 3D Printing Index to Pacer Advisor Inc.
MarketVector Indexes announced the licensing of the BlueStar Global Robotics & 3D Printing Index to Pacer Advisor Inc. as underlying index for their Pacer BlueStar Engineering the Future ETF.
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“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”
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.
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“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.
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