International Assets Investment Management LLC Purchases 3,853 Shares of Renaissance IPO ETF (NYSEARCA:IPO)

International Assets Investment Management LLC raised its position in shares of Renaissance IPO ETF (NYSEARCA:IPO) by 4,188.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,945 shares of the company’s stock after acquiring an additional 3,853 shares during the quarter. International Assets Investment Management LLC owned about 0.09% of Renaissance IPO ETF worth $169,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of IPO. Ashton Thomas Private Wealth LLC bought a new stake in shares of Renaissance IPO ETF in the 2nd quarter valued at $40,000. Burke & Herbert Bank & Trust Co. acquired a new position in shares of Renaissance IPO ETF during the second quarter valued at about $229,000. Dynamic Advisor Solutions LLC raised its holdings in shares of Renaissance IPO ETF by 12.0% during the second quarter. Dynamic Advisor Solutions LLC now owns 10,487 shares of the company’s stock valued at $423,000 after purchasing an additional 1,124 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of Renaissance IPO ETF during the 1st quarter worth about $443,000. Finally, Cetera Advisors LLC grew its stake in shares of Renaissance IPO ETF by 203.8% in the 1st quarter. Cetera Advisors LLC now owns 54,995 shares of the company’s stock valued at $2,283,000 after buying an additional 36,890 shares during the period.

Renaissance IPO ETF Price Performance

Shares of Renaissance IPO ETF stock opened at $45.96 on Thursday. The business has a 50-day simple moving average of $42.98 and a 200 day simple moving average of $40.83. The firm has a market capitalization of $206.82 million, a price-to-earnings ratio of 44.34 and a beta of 1.70. Renaissance IPO ETF has a one year low of $30.89 and a one year high of $46.00.

Renaissance IPO ETF 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.