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

Share this Article

ASKinvestIf you need proof that the 3D printing market is still alive and well, perhaps even more so than ever before, just take a look at the upkeep in value that has been recently shown across that world, particularly in countries like China. Even though major 3D printing companies like Stratasys and 3D Systems have seen their market value falter as of late, the overall industry is still expected to boom, and has been predicted to reach at 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), which is the first-ever 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, which are essentially investment vehicles created to help produce capital gains and income for investors, an ETF trades just like a common stock would on the stock exchange, and also experience changes in value throughout the day. Known for focusing their registered and unregistered investments on disruptive innovations, ARK clearly sees a viable future in the 3D printing industry, and thus have listed PRNT on the BATS ETF Marketplace, and will rebalance itself on a quarterly basis.

“ARK’s research shows that the 3D printing industry has one of the highest growth projections in the economy,” Catherine D. Wood, ARK Founder, Chief Executive Officer and Chief Investment Officer, said. “As the technology evolves and costs continue to decline, the 3D printing industry has the potential to steal market share from traditional manufacturing and transform every sector of the economy. We are excited to bring this truly innovative fund to the market!”

BATSBats Global Markets will be utilized by ARK as the global operator of the 3D Printing ETF, as the investment management firm will become a new issuer and partner of the BATS ETF Marketplace. According to ARK, they estimate that 3D printing market could surpass $40 billion in value by 2020, and potentially expand to a whopping $490 billion by 2025. Ultimately, the investment advisor group believes that 3D printing technology will help reduce costs and time constraints between design and the production process, as well as promote greater design complexity, accuracy, and product customization than traditional manufacturing techniques are capable of.

PRNTThe 3D Printing ETF, called PRNT, will track the Total 3D-Printing Index, which will include worldwide leading companies in 3D printing technology, CAD software, 3D scanning, materials, and service centers. The fund holdings will be determined by original research conducted by ARK, which cover different sectors, industries, and market caps related to the additive manufacturing industry.

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

Screen Shot 2016-07-19 at 1.35.07 PM

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

Share this Article


Recent News

Interview with Tibor van Melsem Kocsis of DiManEx on 3D Printing in the Supply Chain

Friction Coefficients & Wear Behavior in Filaments: Studying Materials for 3D Printed Shoe Soles



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Romania: Comparing Additively and Conventionally Manufactured Patient-Specific Cranial Implants

A trio of researchers from Bucharest, Romania completed a multi-centre cohort study, entitled “3D patient specific implants for cranioplasty,” about 50 patients from 10 hospitals with a variety of cranial...

Researchers Study Behavior of 3D Printed Geneva Mechanisms

A Geneva drive is a gear that will turn a continuous rotation mechanism into an intermittent rotary motion mechanism by adding a driven wheel to the gear with multiple slots....

Adaptive3D Announces Series A Investment Round: Investors Include DSM Venturing, Applied Ventures, Chemence

Texas-headquartered Adaptive3D has announced an investment round co-led by two companies, DSM Venturing (funding arm of Royal DSM) and Applied Ventures (the venture capital arm of Applied Materials). In a...

MPI: New Research Project Will Develop Metal 3D Printed Parts for Automotive and Other Applications

In the United Kingdom, a new project is being carried out that could change the way car parts are made. Liberty Powder Metals, which is owned by Liberty House Group,...


Shop

View our broad assortment of in house and third party products.


Services & Data

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our 3DPrint.com.

You have Successfully Subscribed!