Renaissance International IPO ETF (NYSEARCA:IPOS) Trading Up 1.1% – Here’s What Happened

Renaissance International IPO ETF (NYSEARCA:IPOS) shares rose 1.1% during trading on Thursday . The company traded as high as $12.44 and last traded at $12.38. Approximately 441 shares were traded during trading, a decline of 72% from the average daily volume of 1,598 shares. The stock had previously closed at $12.25.

Renaissance International IPO ETF Stock Performance

The business has a 50-day moving average of $12.47 and a 200 day moving average of $12.85. The stock has a market cap of $4.95 million, a PE ratio of 20.21 and a beta of 1.08.

Institutional Trading of Renaissance International IPO ETF

A hedge fund recently bought a new stake in Renaissance International IPO ETF stock. Jane Street Group LLC purchased a new position in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 43,965 shares of the company’s stock, valued at approximately $581,000. Jane Street Group LLC owned 10.99% of Renaissance International IPO ETF as of its most recent SEC filing.

About Renaissance International IPO ETF

The Renaissance International IPO ETF (IPOS) is an exchange-traded fund that is based on the Renaissance International IPO index. The fund tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing. IPOS was launched on Oct 6, 2014 and is managed by Renaissance.