PRNT tracks a tiered, equal-weighted index composed of stocks that are directly involved in 3D printing and 3D printing-related businesses.
I recently saw a video about 3D printed houses and although I've known of this technology's capabilities for a while, I finally saw a house go up and be sold on CNBC. This might be a thing... houses in the US are generally of inferior quality made from plywood and cheap plastic siding. 3D printed homes made from concrete (or a concrete/recycled plastic mix) would be way cheaper and quicker to put up and might solve the looming housing crisis in this country.
It might also send the price of real estate way down BUT the companies who build these 3D homes would become pretty rich. Imagine buying a home plan online on Amazon or Zillow with custom finishes and a week later its built and ready for you. Pretty incredible but feasible now with this technology. Check out the impressive video below...
Now onto the ETF... as of right now there isn't a publicly traded company that builds these 3D homes. But one day there will be, and when it is... it will be incorporated into this ETF. Who knows maybe there will be a dozen companies who do this, but regardless this ETF is an investment into the idea and the tech for now.
I bought this recently at $37.68 (currently at $37.85). This is a long term hold for me.
