Renaissance International IPO ETF (NYSEARCA:IPOS) Trading Up 1.1% – Time to Buy?

Renaissance International IPO ETF (NYSEARCA:IPOS)’s stock price was up 1.1% during trading on Thursday . The stock 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 firm has a market cap of $4.95 million, a price-to-earnings ratio of 20.21 and a beta of 1.08. The business has a fifty day moving average of $12.47 and a two-hundred day moving average of $12.85.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Renaissance International IPO ETF stock. Jane Street Group LLC bought a new stake in Renaissance International IPO ETF (NYSEARCA:IPOS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 as of its most recent filing with the Securities and Exchange Commission.

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.