ARK Investment Management Holds a Seminar in New York City to Stimulate Interest in Its 3D Printing ETF (PRNT)

Share this Article

PRNTPRNT, an ETF launched in July, attracted a crowd of about 50 investment managers at the BATS Exchange in New York City on Wednesday night, October 5th. The evening included a presentation by ARK manager Tasha Keeney explaining why ARK launched PRNT and predicting huge growth for the 3D printing industry.

prnt-1“We created the Total 3D Printing Index to track the performance of the 3D printing market as a whole,” Keeney wrote of the ETF in September.

“3D Printing, or more broadly, additive manufacturing, is the process of building objects layer-by-layer instead of using a mold or removing material from a larger block. This allows for radically new part architectures, decreased costs, reduced weight, and shorter time to production.

ARK believes that continued innovations and improvements in material and printer capabilities will accelerate the adoption and create new applications for additive manufacturing. As the manufacturing industry faces increased pressure to cut cost and gain efficiencies, we think 3D printing provides the core value propositions of higher productivity, lower costs, and better agility.

ARK projects long-term growth opportunities are ahead! As with most disruptive technologies, there is an adjustment period: Let’s remember that it took a while for factories to realize the necessity of moving from the steam engine to electricity. It’s the same with 3D printing.”

prnt-2PRNT has 32 stocks in its index and has attracted about $10 million of investments to date. ARK brought out several spokespeople from Autodesk, Local Motors, Stratasys and several other organizations who ably explained their respective offerings and validated Keeney’s predictions for 3D printing growth worldwide. PRNT is one of the few public funds in the market place for investors who desire to invest in the future of 3D printing.

An earlier attempt in the space was the 3D Printing and Technology Fund (a mutual fund) that launched in January 2014 but was shuttered in late 2015 after failing to attract more than only a few million dollars of investments.

prnt-3

The Top 10 Index Holdings in the 3D printing market as of 10/06/2016

Share this Article


Recent News

The Benefits of 3D Printed SLS Parts For Alfa Romeo Formula One

3D Printer Buying Guide 2019



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

BASF Commercializing Metal-Polymer 3D Printing Composite Material with iGo3D, MatterHackers, and Ultimaker

BASF 3D Printing Solutions, a subsidiary of German chemical company BASF that’s focused entirely on 3D printing, has been working to build up its materials inventory over the past two years. In 2017,...

Royal DSM Will Choose Ten Startups to Participate in the I AM Tomorrow Challenge

Royal DSM, headquartered in The Netherlands, is a global company based on science and sustainable living—with serious dedication to 3D printing also, as they realize the incredible potential such technology...

Prusa Publishes Hardware and Firmware Updates for 3D Printers, Ships over 130,000 Printers

It’s time for another one of Prusa‘s popular updates on its various hardware and firmware! The company makes sure its customers always know about the latest new products and improvements to its...

The Nydus One Syringe Extruder (NOSE): Turns Your Prusa i3 Into a Bioprinter

Researchers from Germany are exploring democratizing bioprinting with their findings outlined in ‘Nydus One Syringe Extruder (NOSE): A Prusa i3 3D printer conversion for bioprinting applications.’ Recognizing the promise of...


Shop

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


Print Services

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!