Cetera Investment Advisers Buys Shares of 152,976 Renaissance International IPO ETF $IPOS

Cetera Investment Advisers bought a new stake in Renaissance International IPO ETF (NYSEARCA:IPOS) during the first quarter, Holdings Channel.com reports. The institutional investor bought 152,976 shares of the company’s stock, valued at approximately $2,789,000. Cetera Investment Advisers owned approximately 0.31% of Renaissance International IPO ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC purchased a new position in Renaissance International IPO ETF during the 2nd quarter valued at about $257,000.

Renaissance International IPO ETF Price Performance

Shares of IPOS opened at $23.52 on Friday. Renaissance International IPO ETF has a fifty-two week low of $15.65 and a fifty-two week high of $26.25. The firm’s 50 day moving average price is $23.76 and its 200 day moving average price is $21.33. The company has a market cap of $11.76 million, a P/E ratio of 27.07 and a beta of 0.79.

Renaissance International IPO ETF 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.