Renaissance International IPO ETF (NYSEARCA:IPOS) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Renaissance International IPO ETF (NYSEARCA:IPOS) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.06 and traded as low as $12.16. Renaissance International IPO ETF shares last traded at $12.20, with a volume of 856 shares traded.

Renaissance International IPO ETF Stock Up 0.9 %

The company’s fifty day moving average price is $12.61 and its 200 day moving average price is $13.06. The company has a market capitalization of $4.88 million, a P/E ratio of 20.21 and a beta of 1.08.

Institutional Inflows and Outflows

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 third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 43,965 shares of the company’s stock, valued at approximately $581,000. Jane Street Group LLC owned about 10.99% of Renaissance International IPO ETF at the end of the most recent reporting period.

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.