Pacer Nasdaq International Patent Leaders ETF (PATN)

Pacer Nasdaq International Patent Leaders ETF (PATN) is a passively managed exchange-traded fund from Pacer ETFs that tracks the Nasdaq International Patent Leaders Index.

The index selects companies outside the United States that stand out for the strength of their patent portfolios and their investment in research and development. Patent data are used to identify firms with significant and valuable innovation activity, and the resulting holdings tend to be concentrated in technology-intensive industries such as semiconductors, electronics, industrial machinery, automotive and healthcare. Constituents come from developed and emerging international markets.

Pacer ETFs is based in Malvern, Pennsylvania, and offers a range of strategy-driven index funds. PATN is the international counterpart to Pacer's U.S.-focused patent leaders fund.