- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 500 Chesterfield Parkway Malvern PA United States of America 19355
- IPO Date
- May 6, 2022
- Business
- Pacer BlueStar Engineering the Future ETF (BULD) is an exchange-traded fund that tracks the total return performance, before fees and expenses, of the BlueStar Robotics and 3D Printing Index, providing investors with global exposure to companies involved in robotics, automation, and 3D printing technologies through a modified market cap-weighted portfolio of equities and depositary receipts. The fund holds approximately 55 securities, with top holdings including Proto Labs Inc., 3D Systems Corp., Autodesk Inc., ASML Holding NV, and Applied Materials Inc.; it emphasizes developed markets across the United States, Eurozone, Japan, and other regions, maintaining a net expense ratio of 0.60%. Launched on May 4, 2022, and managed by Pacer Advisors, Inc., a subsidiary of Pacer Financial, Inc., the ETF operates from the firm's headquarters at 500 Chesterfield Parkway, Malvern, Pennsylvania.
Pacer ETFs, the issuer founded in 2015, offers BULD as part of its strategy-driven, rules-based lineup targeting thematic opportunities in the fourth industrial revolution; the fund's index characteristics feature a weighted average market cap of around $70 billion, a dividend yield of 0.86%, and a P/E ratio of 28.05 as of recent data. Assets under management for BULD stand at approximately $1.4 million, reflecting its niche focus on sub-industries such as industrial robotics, 3D printing equipment, and design software.
In recent developments, Pacer ETFs has driven significant growth, expanding overall assets from $35 billion to over $46 billion in 2024 through innovative launches and strategic expansions; key 2024 initiatives include debuting 10 new funds like the Pacer US Cash Cows Bond ETF (MILK), Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (QQQG), and three Cash Cows UCITS products marking entry into European markets. The firm also reduced fees on four funds including thematic strategies in July and launched mid-cap and small-cap free cash flow aristocrats ETFs (MCOW and SCOW) in August 2025; additionally, Pacer formed a strategic partnership with Saver for market-driven cash management solutions with extended FDIC coverage. These moves underscore Pacer's focus on advisor partnerships, product innovation, and global reach amid approaching $50 billion in total assets.