Renaissance International IPO ETF (NYSEARCA:IPOS) Shares Down 0.2% – What’s Next?

Renaissance International IPO ETF (NYSEARCA:IPOS) dropped 0.2% during trading on Monday . The company traded as low as $16.68 and last traded at $16.72. Approximately 323 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,224 shares. The stock had previously closed at $16.76.

Renaissance International IPO ETF Price Performance

The company has a market cap of $163.02 million, a PE ratio of 27.07 and a beta of 0.67. The company’s 50 day simple moving average is $16.96 and its two-hundred day simple moving average is $16.05.

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 acquired a new stake in Renaissance International IPO ETF (NYSEARCA:IPOS) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,496 shares of the company’s stock, valued at approximately $257,000. Jane Street Group LLC owned approximately 0.18% of Renaissance International IPO ETF as of its most recent filing with the Securities & 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.