Is Robotics getting ready for the next move up?GETTEX:IROB has been in a strong uptrend from 2016 to 2021 with a performance of 260%. Since then it has been in a corrective movement on this. The most likely scenario (70% of the cases) is that this results in a Higher Low and another strong or weak move up. This scenario is valid as long as the
LEGAL & GENERAL UCITS ETF PLC - L&G ROBO GLOBAL ROBOTICS AND AUTOMATION UCITS ETF
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Key stats
About LEGAL & GENERAL UCITS ETF PLC - L&G ROBO GLOBAL ROBOTICS AND AUTOMATION UCITS ETF
Home page
Inception date
Oct 27, 2014
Structure
Irish VCIC
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
LGIM Managers (Europe) Ltd.
ISIN
IE00BMW3QX54
The L&G ROBO Global Robotics and Automation UCITS ETF (theFund) is an exchange traded fund (ETF) that aims to track theperformance of the ROBO Global Robotics and Automation UCITSIndex (the Index).
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IROB assets under management is 577.89 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IROB invests in stocks. See more details in our Analysis section.
IROB expense ratio is 0.93%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IROB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, IROB doesn't pay dividends to its holders.
IROB shares are issued by Legal & General Group Plc
IROB follows the ROBO Global Robotics and Automation UCITS Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 27, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.