Renaissance International IPO ETF (NYSEARCA:IPOS) Trading Up 0.4% – Time to Buy?

Renaissance International IPO ETF (NYSEARCA:IPOS) shares rose 0.4% during trading on Monday . The stock traded as high as $12.27 and last traded at $12.27. Approximately 356 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 1,659 shares. The stock had previously closed at $12.22.

Renaissance International IPO ETF Price Performance

The business has a 50-day moving average of $12.70 and a 200 day moving average of $13.16. The company has a market cap of $4.91 million, a PE ratio of 20.21 and a beta of 1.08.

Institutional Investors Weigh In On Renaissance International IPO ETF

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

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.