Robohub.org
 

New ETF (NASDAQ:ROBO) focuses on robotics industry

by
13 November 2013



share this:

robo-stox-nasdaq-screenUPDATE 11/12/13: NASDAQ’s 10-story tall sign was all about Robo-stox LLC, ROBO the ETF, and a Universal Robot with a Schunk hand ringing the NASDAQ closing bell. Quite a spectacle. The arm/hand combo was also used to draw the company logo in a neat video.

robologo ROBO-STOX NASDAQ:ROBO is a new ETF (exchange traded fund) launched at a price of $25. First day volume was over 225,000 shares.
… The new ETF uses a specially formulated index which attempts to reflect the global robotics industry. The index is comprised of 77 companies – 38% domestic; 62% international – in the rapidly developing global robotics and automation industry, with operations in over 15 different countries around the world and listings on multiple foreign and domestic exchanges.
… The ROBO-STOX™ Global Robotics and Automation Index, by Robo-stox LLC, is the algorithm licensed to the ETF. Founders of Robo-stox LLC believe that their index empowers investors worldwide to capitalize on the accelerating growth in the robotics and automation sector.
… Frank Tobe, editor and publisher of The Robot Report, is a co-founder of Robo-stox LLC. Read his story here: Robo-Stox: A dream come true.
… Full details of how this new index came to be in IEEE/Spectrum Automaton article.

If you liked this article, you may also be interested in:

See all the latest robotics news on Robohub, or sign up for our weekly newsletter.



tags: , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Breaking through the mucus barrier

A capsule that tunnels through mucus in the GI tract could be used to orally administer large protein drugs such as insulin.
02 October 2022, by

Women in Tech leadership resources from IMTS 2022

There’ve been quite a few events recently focusing on Women in Robotics, Women in Manufacturing, Women in 3D Printing, in Engineering, and in Tech Leadership. One of the largest tradeshows in the US is IMTS 2022. Here I bring you some resources shared in the curated technical content and leadership sessions.
29 September 2022, by and

MIT engineers build a battery-free, wireless underwater camera

The device could help scientists explore unknown regions of the ocean, track pollution, or monitor the effects of climate change.
27 September 2022, by

How do we control robots on the moon?

In the future, we imagine that teams of robots will explore and develop the surface of nearby planets, moons and asteroids - taking samples, building structures, deploying instruments.
25 September 2022, by , and

Have a say on these robotics solutions before they enter the market!

We have gathered robots which are being developed right now or have just entered the market. We have set these up in a survey style consultation.
24 September 2022, by

Shelf-stocking robots with independent movement

A robot that helps store employees by moving independently through the supermarket and shelving products. According to cognitive robotics researcher Carlos Hernández Corbato, this may be possible in the future. If we engineer the unexpected.
23 September 2022, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association