Renaissance International IPO ETF (NYSEARCA:IPOS) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Renaissance International IPO ETF (NYSEARCA:IPOS)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.06 and traded as low as $12.16. Renaissance International IPO ETF shares last traded at $12.20, with a volume of 856 shares.

Renaissance International IPO ETF Stock Up 1.7 %

The stock has a market capitalization of $4.96 million, a PE ratio of 20.21 and a beta of 1.08. The firm has a 50 day moving average price of $12.58 and a 200-day moving average price of $13.05.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Renaissance International IPO ETF stock. Jane Street Group LLC purchased a new stake in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 43,965 shares of the company’s stock, valued at approximately $581,000. Jane Street Group LLC owned approximately 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.