Renaissance IPO ETF (NYSEARCA:IPO) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its position in Renaissance IPO ETF (NYSEARCA:IPO) by 20.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,055 shares of the company’s stock after selling 8,225 shares during the quarter. Jane Street Group LLC owned about 0.71% of Renaissance IPO ETF worth $1,397,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. PFG Investments LLC boosted its position in shares of Renaissance IPO ETF by 11.1% in the 4th quarter. PFG Investments LLC now owns 5,273 shares of the company’s stock valued at $230,000 after purchasing an additional 526 shares during the period. HighTower Advisors LLC increased its stake in shares of Renaissance IPO ETF by 11.5% during the 4th quarter. HighTower Advisors LLC now owns 6,050 shares of the company’s stock worth $264,000 after purchasing an additional 624 shares during the last quarter. Twin Peaks Wealth Advisors LLC increased its position in Renaissance IPO ETF by 11.9% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 6,320 shares of the company’s stock worth $275,000 after buying an additional 673 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Renaissance IPO ETF by 25.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 6,061 shares of the company’s stock valued at $264,000 after acquiring an additional 1,245 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of Renaissance IPO ETF in the fourth quarter valued at approximately $66,000.

Renaissance IPO ETF Price Performance

Renaissance IPO ETF stock opened at $43.57 on Tuesday. The firm has a market cap of $141.60 million, a price-to-earnings ratio of 21.91 and a beta of 1.33. The firm has a fifty day moving average price of $38.32 and a two-hundred day moving average price of $42.67. Renaissance IPO ETF has a fifty-two week low of $31.20 and a fifty-two week high of $48.23.

Renaissance IPO ETF Company Profile

The Renaissance IPO ETF (IPO) is an exchange-traded fund that is based on the FTSE Renaissance IPO index. The fund tracks a market cap-weighted index of recent US-listed IPOs. The fund acquires issues within 90 days or sooner after IPO and sells after 3 years. IPO was launched on Oct 14, 2013 and is managed by Renaissance.