Renaissance International IPO ETF (NYSEARCA:IPOS) Trading Up 1.7% – Still a Buy?

Renaissance International IPO ETF (NYSEARCA:IPOS) was up 1.7% during trading on Monday . The stock traded as high as $13.43 and last traded at $13.40. Approximately 918 shares changed hands during trading, a decline of 15% from the average daily volume of 1,084 shares. The stock had previously closed at $13.18.

Renaissance International IPO ETF Price Performance

The firm has a 50-day moving average of $12.73 and a 200 day moving average of $12.70. The stock has a market capitalization of $4.07 million, a price-to-earnings ratio of 22.37 and a beta of 0.74.

Institutional Trading of Renaissance International IPO ETF

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

Renaissance International IPO ETF Company Profile

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.