ROBO Global Robotics & Automation Index ETF (ROBO) surpassed $2 Billion in Assets Under Management

After doubling its assets in the last five months, the ROBO Global Robotics & Automation Index ETF (ROBO) crossed the $2 billion assets under management (AUM) threshold. 

ROBO, which tracks the ROBO Global Robotics & Automation Index, returned 49 percent to investors in the last 12 months and 76 percent since inception in fall 2013. The index, created by ROBO Global, was the first in the world to track the global robotics, automation and artificial intelligence (RAAI) sector.