Renaissance International IPO ETF (NYSEARCA:IPOS) Trading Down 0.1% – What’s Next?

Shares of Renaissance International IPO ETF (NYSEARCA:IPOS) were down 0.1% on Monday . The company traded as low as $16.35 and last traded at $16.50. Approximately 6,071 shares traded hands during mid-day trading, an increase of 381% from the average daily volume of 1,261 shares. The stock had previously closed at $16.52.

Renaissance International IPO ETF Stock Down 0.6%

The firm’s 50 day simple moving average is $17.24 and its two-hundred day simple moving average is $15.81. The stock has a market capitalization of $156.68 million, a P/E ratio of 27.07 and a beta of 0.67.

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) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

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.