BlackRock launches active robotics ETF targeting automation firms

BlackRock has launched the iShares Future Robotics and Related Technologies Active ETF (RBTX), expanding its thematic investment offerings into robotics and automation. The actively managed fund targets companies across the robotics value chain, including those that develop, supply, support or use intelligent machines to automate physical tasks, and invests in publicly traded companies across the sector. RBTX trades on NYSE Arca and has a reported expense ratio of 0.65%.