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ARK Launches ETF Solely Focused on 3D Printing

The first ETF in the United States to focus solely on the 3D printing ecosystem launched today on BATS ETF Marketplace.

ARK Investment Management LLC said its launch of The 3D Printing ETF (PRNT) adds to its investment product line-up that focuses on disruptive innovation.

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.

While 3D printing is a $5.2 billion market today, ARK estimates that it could grow to more than $40 billion by 2020; McKinsey projects a growth of up to $490 billion by 2025.

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Catherine D. Wood , ARK Founder, Chief Executive Officer and Chief Investment Officer, said ARK’s research showed that the 3D printing industry has one of the highest growth projections in the economy.

“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,” Wood said.

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PRNT tracks the Total 3D-Printing Index which includes companies that are the worldwide leaders in 3D printing and related businesses such as Computer-Aided Design and simulation software, service centers, scanning and measurement, and materials. Fund holdings are driven by ARK’s original research and span sectors, industries, and market caps.

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Aside from PRNT, ARK continues to expand its commitment to disruptive innovation through various investment solutions, including active and index ETFs.

ARK’s current ETF offerings include: the ARK Industrial Innovation ETF (ARKQ) , ARK Web x.0 ETF (ARKW) , ARK Multi-Sector Genomic Revolution ETF (ARKG) , ARK Innovation ETF (ARKK) , and has filed for the ARK Israel Innovative Technology ETF (Bats:IZRL) . ARKQ and ARKK also provide exposure to 3D printing companies.

Click here to read the full story on ETF Trends.