6,175 Shares in Renaissance IPO ETF $IPO Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in shares of Renaissance IPO ETF (NYSEARCA:IPO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,175 shares of the company’s stock, valued at approximately $278,000. Jefferies Financial Group Inc. owned 0.19% of Renaissance IPO ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers boosted its stake in Renaissance IPO ETF by 2.3% in the second quarter. Cetera Investment Advisers now owns 68,570 shares of the company’s stock valued at $3,082,000 after buying an additional 1,518 shares in the last quarter. PFG Investments LLC bought a new stake in Renaissance IPO ETF in the second quarter valued at approximately $230,000. Royal Bank of Canada increased its position in shares of Renaissance IPO ETF by 185.0% during the first quarter. Royal Bank of Canada now owns 11,820 shares of the company’s stock worth $444,000 after buying an additional 7,672 shares during the period. Flow Traders U.S. LLC acquired a new position in Renaissance IPO ETF in the first quarter valued at $1,099,000. Finally, Tradition Wealth Management LLC lifted its holdings in Renaissance IPO ETF by 5.1% in the first quarter. Tradition Wealth Management LLC now owns 137,380 shares of the company’s stock valued at $5,159,000 after buying an additional 6,723 shares during the period.

Renaissance IPO ETF Trading Up 1.6%

Shares of IPO opened at $46.14 on Friday. The firm’s fifty day simple moving average is $48.01 and its two-hundred day simple moving average is $47.03. Renaissance IPO ETF has a 12 month low of $31.20 and a 12 month high of $54.68. The stock has a market capitalization of $152.26 million, a P/E ratio of 35.63 and a beta of 1.35.

Renaissance IPO ETF Company Profile

The Renaissance IPO ETF (IPO) is an exchange-traded fund that is based on the FTSE Renaissance IPO index. The fund tracks a market cap-weighted index of recent US-listed IPOs. The fund acquires issues within 90 days or sooner after IPO and sells after 3 years. IPO was launched on Oct 14, 2013 and is managed by Renaissance.