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ARK Investment Management Launches First-Ever 3D Printing-Focused ETF (PRNT) in the US

by • July 18, 2016 • No Comments

ASKinvestIf you require proof that the 3D printing market is yet alive and well, maybe actually additional so than at any time preceding, only take a appear at the upkeep in value that has been not long ago shown across that world, particularly in countries like China. Even yet major 3D printing companies like Stratasys and 3D Systems have seen their market value falter as of late, the overall industry is yet expected to boom, and has been predicted to reach at very least $30 billion in global market value by the year 2020. Now, the New York-based federally registered investment adviser ARK Investment Management has launched The 3D Printing Exchange-Traded Fund (Bats: PRNT), that is the first-at any time ETF in the United States to focus primarily on the 3D printing ecosystem.

For those unfamiliar with the term, an ETF is a marketable security that tracks an index, a commodity, bonds, and assets. In contrast to mutual funds, that are fundamentally investment vehicles made to assist create capital gains and income for investors, an ETF trades only like a common stock may on the stock exchange, and in addition experience changes in value throughout the day. Known for focusing their registered and unregistered investments on disruptive innovations, ARK unquestionably sees a viable next in the 3D printing industry, and thus have listed PRNT on the BATS ETF Marketplace, and can rebalance itself on a quarterly basis.

“ARK’s research shows that the 3D printing industry has one of the top growth projections in the economy,” Catherine D. Wood, ARK Founder, Chief Executive Officer and Chief Investment Officer, said. “As the innovation evolves and costs go on to decline, the 3D printing industry has the future to steal market share of traditional making and alter at any timey sector of the economy. We are excited to bring this truly new fund to the market!”

BATSBats Global Markets can be used by ARK as the global operator of the 3D Printing ETF, as the investment management firm can become a new issuer and partner of the BATS ETF Marketplace. According to ARK, they estimate that 3D printing market may surpass $40 billion in value by 2020, and futurely expand to a whopping $490 billion by 2025. Ultimately, the investment advisor group believes that 3D printing innovation can assist reduce costs and time constraints between create and the production system, as well as promote greater create complexity, accuracy, and product customization than traditional making techniques are capable of.

PRNTThe 3D Printing ETF, called PRNT, can track the Total 3D-Printing Index, that can include of the world major companies in 3D printing innovation, CAD software, 3D scanning, materials, and service centers. The fund holdings can be determined by original research conducted by ARK, that cover various sectors, industries, and market caps related to the additive making industry.

Two of ARK’s other ETFs, the ARK Industrial Innovation ETF (NYSE: ARKQ) and ARK Innovation ETF (NYSE: ARKK), have both provided assist to 3D printing companies in the past, but neither has zeroed in on the 3D printing market really like their latest ETF can. Discuss additional over in the 3D Printing Exchange forum at 3DPB.com.

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The Top 10 Index Holdings in the 3D printing market as of 7/19/2016