4,816 Shares in Renaissance IPO ETF (NYSEARCA:IPO) Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in shares of Renaissance IPO ETF (NYSEARCA:IPO) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,816 shares of the company’s stock, valued at approximately $207,000. Oppenheimer & Co. Inc. owned approximately 0.11% of Renaissance IPO ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IPO. Cetera Investment Advisers acquired a new position in Renaissance IPO ETF during the 1st quarter worth $2,397,000. Cetera Advisors LLC boosted its holdings 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. Burke & Herbert Bank & Trust Co. acquired a new position in shares of Renaissance IPO ETF in the 2nd quarter valued at about $229,000. International Assets Investment Management LLC boosted its holdings in shares of 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 during the period. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of Renaissance IPO ETF by 0.8% in the 2nd quarter. Main Management ETF Advisors LLC now owns 365,660 shares of the company’s stock valued at $14,740,000 after buying an additional 2,820 shares during the period.

Renaissance IPO ETF Stock Performance

NYSEARCA IPO opened at $46.12 on Friday. Renaissance IPO ETF has a one year low of $32.95 and a one year high of $47.43. The company has a 50-day simple moving average of $44.08 and a 200-day simple moving average of $41.47. The firm has a market capitalization of $207.54 million, a PE ratio of 44.34 and a beta of 1.70.

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.