Wearable Tech ETF Shifts Strategy to Virtual Reality

The Wearable ETF, which formerly traded under the ticker “WEAR” and focused on stocks with exposure to the wearable technologies theme, recently underwent some significant changes.

The exchange traded fund is now known as the Tactile Analytics AR/VR Virtual Technologies Fund (CBOE: ARVR).

What Happened

ARVR now tracks the EQM Tactile AR/VR Virtual Technology Index.

“”Wearable technology is something that we still believe in. We just happen to believe that the augmented and virtual technology subset of wearables is the most exciting and could have a larger market impact going forward,” said Bryce Tillery, Managing Partner of Eve Capital, in a statement.

Dallas-based Eve Capital was WEAR’s sponsor and remains the …

Read the full story at Benzinga.

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