Runnymede Capital Advisors Inc. Makes New Investment in Renaissance IPO ETF (NYSEARCA:IPO)

Runnymede Capital Advisors Inc. acquired a new position in shares of Renaissance IPO ETF (NYSEARCA:IPOFree Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,511 shares of the company’s stock, valued at approximately $66,000.

Other large investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. acquired a new stake in shares of Renaissance IPO ETF in the 3rd quarter valued at approximately $207,000. Certuity LLC acquired a new stake in Renaissance IPO ETF during the 4th quarter worth approximately $213,000. PFG Investments LLC boosted its position in Renaissance IPO ETF by 11.1% during the 4th quarter. PFG Investments LLC now owns 5,273 shares of the company’s stock worth $230,000 after buying an additional 526 shares during the period. HighTower Advisors LLC boosted its position in Renaissance IPO ETF by 11.5% during the 4th quarter. HighTower Advisors LLC now owns 6,050 shares of the company’s stock worth $264,000 after buying an additional 624 shares during the period. Finally, Twin Peaks Wealth Advisors LLC boosted its position in Renaissance IPO ETF by 11.9% during the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 6,320 shares of the company’s stock worth $275,000 after buying an additional 673 shares during the period.

Renaissance IPO ETF Price Performance

NYSEARCA:IPO opened at $39.07 on Friday. The firm’s 50 day simple moving average is $43.68 and its 200 day simple moving average is $44.10. Renaissance IPO ETF has a one year low of $34.06 and a one year high of $48.23. The company has a market cap of $134.79 million, a PE ratio of 21.14 and a beta of 1.32.

Renaissance IPO ETF Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding IPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Renaissance IPO ETF (NYSEARCA:IPOFree Report).

Institutional Ownership by Quarter for Renaissance IPO ETF (NYSEARCA:IPO)

Receive News & Ratings for Renaissance IPO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renaissance IPO ETF and related companies with MarketBeat.com's FREE daily email newsletter.