Renaissance International IPO ETF (NYSEARCA:IPOS) Trading 0.3% Higher – Should You Buy?

Renaissance International IPO ETF (NYSEARCA:IPOS) shares traded up 0.3% on Monday . The company traded as high as $13.08 and last traded at $13.06. 466 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 617 shares. The stock had previously closed at $13.02.

Renaissance International IPO ETF Stock Performance

The company has a market cap of $5.24 million, a P/E ratio of 20.21 and a beta of 1.08. The stock has a 50 day moving average price of $12.54 and a 200 day moving average price of $12.69.

Institutional Investors Weigh In On Renaissance International IPO ETF

An institutional investor recently bought a new position in Renaissance International IPO ETF stock. Jane Street Group LLC acquired a new position in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 43,965 shares of the company’s stock, valued at approximately $581,000. Jane Street Group LLC owned about 10.99% of Renaissance International IPO ETF as of its most recent filing with the Securities and Exchange Commission.

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.