Renaissance International IPO ETF (NYSEARCA:IPOS) Stock Price Up 0.4% – Still a Buy?

Shares of Renaissance International IPO ETF (NYSEARCA:IPOS) shot up 0.4% on Monday . The company traded as high as $12.27 and last traded at $12.27. 356 shares were traded during trading, a decline of 79% from the average session volume of 1,659 shares. The stock had previously closed at $12.22.

Renaissance International IPO ETF Price Performance

The firm has a market cap of $4.89 million, a PE ratio of 20.21 and a beta of 1.08. The business has a fifty day moving average price of $12.68 and a two-hundred day moving average price of $13.14.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Renaissance International IPO ETF stock. Jane Street Group LLC bought a new stake in Renaissance International IPO ETF (NYSEARCA:IPOS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 43,965 shares of the company’s stock, valued at approximately $581,000. Jane Street Group LLC owned approximately 10.99% of Renaissance International IPO ETF at the end of the most recent reporting period.

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.