DALLAS, Dec. 11, 2013 /PRNewswire/ -- ROBO-STOX LLC,
the world leader in developing investment solutions targeting the
robotics and automation space, has announced that the
ROBO-STOX™ Global Robotics and Automation Index ETF
(Ticker: ROBO) amassed more than $25
million in assets under management as of November 30, 2013. The Fund became available to
investors on NASDAQ through the Exchange-Traded Concepts platform
on October 22, 2013.
"The rapid accumulation of assets in our exchange-traded fund
provides evidence of the overwhelming interest from investors in
the worldwide robotics and automation sector," said Rob Wilson, Chief Executive Officer of
ROBO-STOX. "As this industry continues to expand its influence in
many sectors of the global marketplace, our ETF offers investors
the chance to capitalize on the performance of those robotics and
automation companies that possess the most promising growth
potential."
The ETF tracks the ROBO-STOX™ Global Robotics and
Automation Index, the first benchmark index dedicated to following
robotics and automation companies. To mark the ETF's launch,
ROBO-STOX teamed up with Universal Robots, the Danish manufacturer
of industrial robots, to have a robot ring the closing bell at the
NASDAQ MarketSite in New York's
Times Square on November 12, 2013.
"ROBO-STOX combines investment and robotics expertise to provide
investors with trustworthy guidance for benefiting from the growing
number of investment opportunities related to this emerging
industry," said Frank Tobe,
Co-Founder of ROBO-STOX and Editor of The Robot Report, a
robotics news portal tracking the worldwide business of robotics.
"Our index serves an important purpose as a benchmark by which
investors can evaluate potential robotics and automation
investments."
For media inquiries about ROBO-STOX, please contact Brendan McManus at 646-922-7758 or
bmcmanus@jcprinc.com.
About ROBO-STOX
ROBO-STOX LLC is the creator of the
first benchmark index to track the global robotics and automation
market. Through the expertise of its leadership team and strategic
advisors, ROBO-STOX looks worldwide to find new innovations in the
robotics space, from companies of all sizes and verticals, to
deliver the growth of robotics to investors — from individuals to
institutions.
Headquartered in Dallas, Texas,
ROBO-STOX is the recognized leader in developing investment
solutions that target the robotics, automation and related
technology sectors. To learn more about ROBO-STOX, obtain facts
about the index and download pertinent information about the
industry, please visit www.robostox.com.
CONTACT: Brendan McManus
Jennifer Connelly Public Relations
646-922-7758
bmcmanus@jcprinc.com
SOURCE ROBO-STOX LLC