Roundhill's NERD ETF Announces Name and Index Changes
Roblox Corporation Class A (RBLX)
Company Research
Source: PR Newswire
New underlying index seeks to offer pure-play* exposure to the potential growth of video game softwareNEW YORK, Sept. 27, 2022 /PRNewswire/ -- Roundhill Investments is pleased to announce several updates to its NERD ETF, including a new underlying index and fund name.Effective at close of business on September 26, 2022, the NERD ETF's name changed to the Roundhill Video Games ETF, reflecting its revised focus on pure-play gaming software. Meanwhile, the fund's underlying index transitioned to the Nasdaq CTA Global Video Games Software Index™ ("PLAYR2™"), which offers targeted exposure for investors looking to invest in the potential growth of video games globally. The Index is a modified market capitalization weighted index consisting of companies involved in gaming software development and publishing across mobile, console, PC, and emerging segments, such as VR and AR. The Index also excludes video game companies domiciled in China and Russia, potentially reducing geopolitical risks
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