Merriman Wealth Management LLC purchased a new stake in Renaissance IPO ETF (NYSEARCA:IPO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,000 shares of the company’s stock, valued at approximately $933,000.

Several other institutional investors have also recently modified their holdings of IPO. LPL Financial LLC bought a new stake in shares of Renaissance IPO ETF in the second quarter valued at about $315,000. Centaurus Financial Inc. raised its holdings in Renaissance IPO ETF by 3,365.1% during the second quarter. Centaurus Financial Inc. now owns 6,653 shares of the company’s stock worth $210,000 after acquiring an additional 6,461 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in Renaissance IPO ETF during the second quarter worth about $32,000. Joseph P. Lucia & Associates LLC raised its holdings in Renaissance IPO ETF by 99.1% during the third quarter. Joseph P. Lucia & Associates LLC now owns 2,200 shares of the company’s stock worth $62,000 after acquiring an additional 1,095 shares in the last quarter. Finally, BB&T Securities LLC raised its holdings in Renaissance IPO ETF by 3.3% during the third quarter. BB&T Securities LLC now owns 11,464 shares of the company’s stock worth $320,000 after acquiring an additional 365 shares in the last quarter.

IPO traded up $0.03 on Thursday, hitting $33.92. 6 shares of the company were exchanged, compared to its average volume of 28,257. Renaissance IPO ETF has a 12 month low of $25.86 and a 12 month high of $34.44. The stock’s fifty day moving average is $31.60 and its 200-day moving average is $30.70.

Read More: Initial Coin Offerings entail a high degree of risk

Want to see what other hedge funds are holding IPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Renaissance IPO ETF (NYSEARCA:IPO).

Institutional Ownership by Quarter for Renaissance IPO ETF (NYSEARCA:IPO)

Receive News & Ratings for Renaissance IPO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renaissance IPO ETF and related companies with MarketBeat.com's FREE daily email newsletter.