Dynamic Advisor Solutions LLC Sells 250 Shares of Renaissance IPO ETF (NYSEARCA:IPO)

Dynamic Advisor Solutions LLC lowered its position in shares of Renaissance IPO ETF (NYSEARCA:IPO) by 2.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,762 shares of the company’s stock after selling 250 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Renaissance IPO ETF were worth $512,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IPO. Jane Street Group LLC grew its holdings in shares of Renaissance IPO ETF by 44.8% during the third quarter. Jane Street Group LLC now owns 40,280 shares of the company’s stock worth $1,727,000 after purchasing an additional 12,456 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Renaissance IPO ETF during the 3rd quarter worth approximately $207,000. International Assets Investment Management LLC boosted its position in Renaissance IPO ETF by 4,188.0% during the 3rd quarter. International Assets Investment Management LLC now owns 3,945 shares of the company’s stock worth $169,000 after buying an additional 3,853 shares during the period. Cetera Investment Advisers increased its position in Renaissance IPO ETF by 17.0% in the 2nd 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. Finally, Tradition Wealth Management LLC increased its position in Renaissance IPO ETF by 1.0% in the 3rd quarter. Tradition Wealth Management LLC now owns 133,726 shares of the company’s stock valued at $5,734,000 after acquiring an additional 1,367 shares during the period.

Renaissance IPO ETF Stock Performance

Shares of NYSEARCA:IPO opened at $43.73 on Tuesday. Renaissance IPO ETF has a 52 week low of $33.86 and a 52 week high of $47.99. The firm has a market cap of $196.79 million, a PE ratio of 44.34 and a beta of 1.70. The firm’s fifty day moving average is $45.48 and its 200-day moving average is $43.29.

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.