ARK PRNT ETF adding to their PYR position since rebalancing This is awesome
THE_3D_PRINTING_ETF_PRNT_HOLDINGS.pdf (ark-funds.com)
ARK ETF PYR Holdings recently:
3/18-3/31: 211,000 shares
4/1: 213,000
4/5: 220,600
ARK 3D PRNT ETF target weight could be higher for PYR
Just some humble thoughts that think is very important to put things in perspective in regards to ARK PRNT position in Pyrogenesis:
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PYR being bought while still being on the OTC is definitely eye opening
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Cathie Woods is a visionary and this is NOT her first rodeo - her and her team must have done serious due diligence on PYR
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ARK must have chosen PYR for long term growth as PYR weighting in the PRNT FUND has increased for .12 % to .26% currently
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Regardless of the inflows of $ into the fund... I am betting they have an internal target weighting higher. IF for example, ARK PRNT had a target weight of X% they will slowly accumlate to reach but as their prospectus states..they have variance room as they see fit
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CEO Peter Pascali stated recently that 2021 will finally be the year of powder production and sales
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PYR NexGen production rate is unheard of in the 3D powder industry 25kg/hr , accredited/validated by major Aerospace Industry players, Aubert & Duval has exclusive EU agreement w PYR placing is in the big league market place.
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ARK definitely sees the bigger picture knowing GE powders is PYR's old 3D powder technology and PYR has a serious future in the 3D powder big leagues.