Renaissance International IPO ETF (NYSEARCA:IPOS) Stock Price Up 0.6% – What’s Next?

Renaissance International IPO ETF (NYSEARCA:IPOS) traded up 0.6% on Tuesday . The stock traded as high as $23.59 and last traded at $23.35. Approximately 2,246 shares were traded during trading, a decline of 56% from the average daily volume of 5,064 shares. The stock had previously closed at $23.22.

Renaissance International IPO ETF Price Performance

The stock has a market cap of $11.68 million, a price-to-earnings ratio of 27.07 and a beta of 0.79. The company’s fifty day simple moving average is $23.40 and its two-hundred day simple moving average is $21.98.

Hedge Funds 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 stake in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,496 shares of the company’s stock, valued at approximately $257,000. Jane Street Group LLC owned 0.18% 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.