January 28, 2021
While 3D printing has been around for a while, its investment potential is still in the early innings. The recent renaissance of the
PRNT is the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed products from New York-based Ark Investment Management. ARK believes 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and enabling greater design complexity, accuracy, and customization than traditional manufacturing.
PRNT is up 78% over the past year, despite being a relatively small industry in 2020. That’s poised to change in a big way.
Following a banner 2020, the
ARK 3D Printing ETF (CBOE: PRNT)is already up 26% to start 2021. More upside could be on the way with the help of growing 3D printing demand in healthcare.
PRNT is the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed products from New York-based Ark Investment Management. ARK believes 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and enabling greater design complexity, accuracy, and customization than traditional manufacturing.
The healthcare market is just one reason for investors to consider PRNT this year.
Roaring Back, in Quiet Fashion: 3D Printing and the PRNT ETF
st century. It’s roaring back in quiet fashion as highlighted by the
PRNT debuted nearly three years ago as the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed products from New York-based Ark Investment Management. ARK believes 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and enabling greater design complexity, accuracy, and customization than traditional manufacturing.
Passively managed PRNT offers leverage to its namesake as its benchmark “is composed of equity securities and depositary receipts of exchange-listed companies from the U.S., non-U.S. developed markets and Taiwan that are engaged in 3D printing-related businesses within the following business lines: (i) 3D printing hardware, (ii) computer-aided design (“CAD”) and 3D printing simulation software, (iii) 3D printing centers, (iv) s
Up 16% in Past Month, the PRNT ETF Is Almost PRNTing Money
Somewhat quietly, the
3D Printing ETF (CBOE: PRNT) is continuing its 2020 with a 16.50% gain over the past month that’s elevated the exchange traded fund’s year-to-date gain to north of 40%.
Passively managed PRNT offers leverage to its namesake as its benchmark “is composed of equity securities and depositary receipts of exchange-listed companies from the U.S., non-U.S. developed markets and Taiwan that are engaged in 3D printing-related businesses within the following business lines: (i) 3D printing hardware, (ii) computer-aided design (“CAD”) and 3D printing simulation software, (iii) 3D printing centers, (iv) scanning and measurement, and (v) 3D printing materials,” according to Ark.