Renaissance International IPO ETF (NYSEARCA:IPOS) Shares Down 1.2% – What’s Next?

Renaissance International IPO ETF (NYSEARCA:IPOS) shares were down 1.2% during mid-day trading on Thursday . The stock traded as low as $15.26 and last traded at $15.26. Approximately 929 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 997 shares. The stock had previously closed at $15.44.

Renaissance International IPO ETF Trading Down 1.2%

The company has a market cap of $4.58 million, a price-to-earnings ratio of 27.07 and a beta of 0.71. The business has a 50-day moving average price of $14.79 and a 200 day moving average price of $13.67.

Institutional Trading of Renaissance International IPO ETF

An institutional investor recently raised its position in Renaissance International IPO ETF stock. Jane Street Group LLC boosted its stake in Renaissance International IPO ETF (NYSEARCA:IPOS) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,988 shares of the company’s stock after buying an additional 5,023 shares during the quarter. Jane Street Group LLC owned approximately 12.25% of Renaissance International IPO ETF worth $598,000 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.