Jane Street Group LLC Has $1.73 Million Stake in Renaissance IPO ETF (NYSEARCA:IPO)

Jane Street Group LLC lifted its stake in shares of Renaissance IPO ETF (NYSEARCA:IPO) by 44.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,280 shares of the company’s stock after acquiring an additional 12,456 shares during the period. Jane Street Group LLC owned 0.90% of Renaissance IPO ETF worth $1,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IPO. Ashton Thomas Private Wealth LLC acquired a new position in shares of Renaissance IPO ETF during the second quarter valued at about $40,000. International Assets Investment Management LLC increased its position in Renaissance IPO ETF by 4,188.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,945 shares of the company’s stock valued at $169,000 after buying an additional 3,853 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Renaissance IPO ETF during the 3rd quarter worth approximately $207,000. Dynamic Advisor Solutions LLC boosted its holdings in Renaissance IPO ETF by 14.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 12,012 shares of the company’s stock worth $515,000 after acquiring an additional 1,525 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Renaissance IPO ETF by 17.0% in the second quarter. Cetera Investment Advisers now owns 67,574 shares of the company’s stock valued at $2,724,000 after acquiring an additional 9,834 shares during the period.

Renaissance IPO ETF Stock Up 1.6 %

NYSEARCA IPO opened at $45.19 on Thursday. Renaissance IPO ETF has a 52 week low of $33.76 and a 52 week high of $47.99. The business has a 50 day moving average price of $45.42 and a 200-day moving average price of $42.48. The company has a market cap of $203.36 million, a price-to-earnings ratio of 44.34 and a beta of 1.70.

About Renaissance IPO ETF

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.