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Impressive Growth Trajectory Remains in Place for 3D Printing ETF

Impressive Growth Trajectory Remains in Place for 3D Printing ETF

Written by David

June 11, 2020

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3D printing was one of the original disruptive technologies and while it may be lost in the shuffle these days, a growing number of data points confirm the investment thesis remains solid, indicating the 3D Printing ETF (CBOE: PRNT) is worth a look.

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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. In fact, the 3D printing industry is expected to grow in exponential fashion over the next several years. “In 2020, the global 3D printing industry is expected to be worth $16bn, revealed Wohlers Associates Annual Report on the State of 3D Printing,” reports LearnBonds . […]

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