PyroGenesis Inc T.PYR

RE:RE:ARK PRNT ETF adding to their PYR position since rebalancing

[developbc]

developbc wrote: For clarity: 
ARK PRNT ETF adding to their PYR position since rebalancing at quarter end 2021 Q1

developbc wrote:

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: 

• PYR being bought while still being on the OTC is definitely eye opening

• Cathie Woods is a visionary and this is NOT her first rodeo - her and her team must have done serious due diligence on PYR

• ARK must have chosen PYR for long term growth as PYR weighting in the PRNT FUND has increased for .12 % to .26% currently

• 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 

• CEO Peter Pascali stated recently that 2021 will finally be the year of powder production and sales 

• 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.

• 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. 

Btw...Rebalance is today as the Adjustment day 3rd Friday which this month is Friday April 16th/2021 and 10 business days prior is today April 5/2021.

 

Look at pg 95-96 of the Prospectus of ARK PRNT:  https://etfs.ark-funds.com/hubfs/1_Download_Files_ETF_Website/Prospectuses/ARK_Active_ETFs_Prospectus.pdf

The Index is reconstituted and rebalanced quarterly. Index components are selected on the tenth (10th) business day before the Adjustment Day (“Selection Day”). The “Adjustment Day” is the close of the third Friday of January, April, July and October. If the Friday is not a business day, reconstitution and rebalancing occurs on the following business day. Reconstitution is carried out after the day’s closing Index values have been determined. Target weights of the constituents are not otherwise adjusted between Adjustment Days except in the event of certain types of extraordinary events or corporate actions. ARK’s Index Products Group may delay or change a scheduled rebalancing or reconstitution of the Index or the implementation of certain rules at its sole discretion.