Renaissance International IPO ETF (NYSEARCA:IPOS) Trading 0.7% Higher – Here’s Why

Renaissance International IPO ETF (NYSEARCA:IPOSGet Free Report)’s stock price shot up 0.7% during mid-day trading on Monday . The stock traded as high as $13.41 and last traded at $13.30. 647 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 1,656 shares. The stock had previously closed at $13.21.

Renaissance International IPO ETF Stock Up 0.7 %

The company has a market cap of $5.32 million, a PE ratio of 20.21 and a beta of 1.08. The business’s 50 day moving average price is $12.88 and its 200-day moving average price is $13.44.

About Renaissance International IPO ETF

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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.

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