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IPO - Renaissance IPO ETF

Stock Price: $66.23 USD 1.91 (2.97%)
Updated Apr 13, 2021 4:00 PM EDT - Market closed
Assets $700.98M
NAV $64.31
Expense Ratio 0.60%
PE Ratio n/a
Beta (5Y) 1.26
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 20, 2020
1-Year Return -
Trading Day April 13
Last Price $66.23
Previous Close $64.32
Change ($) 1.91
Change (%) 2.97%
Day's Open 64.54
Day's Range 64.52 - 66.33
Day's Volume 424,800
52-Week Range 27.42 - 77.05

Fund Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the index). The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering (IPO) and are listed on a U.S. exchange. The fund is non-diversified.

Asset Class
Portfolio-Multi Asset
Sector
Managed ETFs
Region
Global
Inception Date
Oct 14, 2013
Exchange
NYSEARCA
Ticker Symbol
IPO
Index Tracked
Renaissance IPO Index

Top 10 Holdings

54.21% of assets
NameSymbolWeight
Uber TechnologiesUBER10.06%
Zoom Video CommunicationsZM9.45%
PinterestPINS6.56%
CrowdStrikeCRWD6.26%
Peloton InteractivePTON5.84%
Slack TechnologiesWORK4.18%
AvantorAVTR3.24%
LyftLYFT3.01%
RobloxRBLX2.89%
DatadogDDOG2.73%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Mar 20, 2020$0.066Mar 27, 2020
Dec 13, 2019$0.064Dec 20, 2019
Jun 14, 2019$0.019Jun 21, 2019
Mar 15, 2019$0.062Mar 22, 2019
Sep 14, 2018$0.017Sep 21, 2018
Jun 15, 2018$0.0675Jun 22, 2018
Full Dividend History

News

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The pending Coinbase direct listing is exciting a broad base of the investment community outside the usual cryptocurrency crowd.

Other tickers mentioned: COIN, ARKF, BLOK, FINX
2 days ago - CNBC

The global market for initial public offerings is on its way to see its biggest-ever first quarter.

Other tickers mentioned: IPOS, SPAK
3 weeks ago - Zacks Investment Research

One benefit of technology ETFs and ETFs more broadly is that they make it fairly easy to obtain steady, consistent growth. If you pick a high-quality ETF that tracks a rapidly expanding sector your inve...

Other tickers mentioned: ARKF, CLOU, HACK
1 month ago - InvestorPlace

Amazon-backed EV start-up Rivian Automotive is planning for an IPO. These ETFs may gain from the move.

Other tickers mentioned: DRIV, HAIL, IDRV, VCAR
2 months ago - Zacks Investment Research

Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.

Other tickers mentioned: SPAK, SPCX, SPXZ
2 months ago - ETFcom

Unpacking the newest SPAC ETF with the man behind its launch

YouTube video

Mark Yusko, CEO, chief investment officer and founder of Morgan Creek Capital Management, discusses his firm's latest SPAC ETF. With Morningstar's Ben Johnson and CNBC's Bob Pisani.

Other tickers mentioned: SPAK, SPCX
2 months ago - CNBC Television

Morgan Stanley's M&A chief explains why SPAC deals are advantageous for many companies

YouTube video

Robert Kindler, Morgan Stanley vice chairman and global head of M&A, joined "Squawk Box" on Friday to discuss what he thinks is behind the appeal of SPAC deals and the disconnect between valuations in t...

Other tickers mentioned: CCIV, IPOE, PSTH
2 months ago - CNBC Television

Cryptocurrency and SPACs are just some of the issues that could be on the agenda for the Biden administration, ETF Trends CEO Tom Lydon says.

2 months ago - CNBC

Returns for the top performers ranged from 94% to 185%.

Other tickers mentioned: ARKF, ARKG, ARKK, IBUY, OGIG, ONLN, PBW ...
3 months ago - ETFcom

Fun fact: Over the past decade, exchange-traded funds hauled in $2.7 trillion in new assets while actively managed mutual funds bled $684 billion. That trend isn't stopping.

Other tickers mentioned: ACES, ARKK
3 months ago - Benzinga

Lonsdale: Market has undervalued durable tech platforms for years

YouTube video

"It's clear the market has really undervalued a lot of these durable tech platforms for many years," Joe Lonsdale, 8VC founding partner and Palantir co-founder, told CNBC's "Squawk Box" Thursday. "Looki...

3 months ago - CNBC Television

These ETFs provide diversified exposure to hottest IPOs

Other tickers mentioned: FPX
3 months ago - Zacks Investment Research

IPO ETF Inflow Surges to Record on Airbnb, DoorDash Listings

YouTube video

Dec.11 -- IPOs from Airbnb Inc. and DoorDash Inc. sparked record weekly inflow for the Renaissance IPO ETF, even though the fund doesn't yet hold either of those stocks. Bloomberg's Katie Greifeld has t...

4 months ago - Bloomberg Markets and Finance

The markets might be getting frothy with excess and this week's IPO bonanza epitomizes the market's lust for risk.

4 months ago - Zacks Investment Research

We have presented a bunch of top-performing ETFs from various corners of the market that gained in triple digits from a year-to-date look and will likely continue outperforming, should the trends prevail.

Other tickers mentioned: ARKF, ARKG, ARKK, ARKW, IBUY, LIT, PBW
4 months ago - Zacks Investment Research

Companies have raised the most money in IPOs ever amid insatiable investor demand.

4 months ago - ETFcom

The IPO market has been heating up recently, and the latest famed entrant, Airbnb, trading under the ticker ABNB, opened at $146 per share on its first day of trading on Thursday, which was a greater th...

Other tickers mentioned: ABNB
4 months ago - ETF Trends

IPO ETF may fell on Dec 9 on broader market concerns, the prospect looks pretty upbeat.

Other tickers mentioned: IPOS, SPAK
4 months ago - Zacks Investment Research

The year ahead will see a spate of public market newcomers, possibly including SpaceX, Waymo and Instacart, says Renaissance Capital's Kathleen Smith.

Other tickers mentioned: SPAK
4 months ago - CNBC

What could lie store for IPOs and SPACs in 2021: ETF analysts

YouTube video

Renaissance Capital Chairman and co-founder Kathleen Smith and Defiance ETFs President Paul Dellaquila share their 2021 outlook for IPOs and SPACs. With CNBC's Bob Pisani.

Other tickers mentioned: SPAK
4 months ago - CNBC Television

The U.S. IPO market has been hot this year and new offerings from several high-profile names scheduled this month should boost the space even further.

4 months ago - Zacks Investment Research

Christmas Is Coming Early In The IPO Market: DASH & ABNB

Other tickers mentioned: TSLA, UBER
4 months ago - Zacks Investment Research

Shares of Slack were on fire on Wednesday, surging as much as 32% before tempering gains, after a report from analysts that Salesforce was in discussions to purchase the company. While Salesforce stock ...

4 months ago - ETF Trends

ETFs that track new IPOs and innovation can add a spark to your portfolio.

Other tickers mentioned: ARKK, ONEQ, QQQ
4 months ago - The Motley Fool

The fourth quarter of this year could be ruled by tech IPOs.

Other tickers mentioned: IPOS, SPAK
5 months ago - Zacks Investment Research

Wall Street booked remarkable gains a day after the election on hopes of a divided Congress.

Other tickers mentioned: EMQQ, KWEB, PBE, RWGV, WCLD, XBI
5 months ago - Zacks Investment Research

Here are the IPOs setting their prices amid the market sell-off

YouTube video

Companies carefully plan their IPOs, hoping to pick the best time to go public. Sometimes you go public during a major market sell-off.

5 months ago - CNBC Television

It takes a high degree of due diligence for investor capitalists to rifle through the mass number of investment opportunities to find that next big initial public offering (IPO). Just like how Microsoft...

Other tickers mentioned: IPOS
5 months ago - ETF Trends

Technology continues to play a heavy role in the Covid-19 pandemic as the world transitions to a new degree of normalcy. As such, software companies that enable technological advances will also benefit ...

Other tickers mentioned: DEUS, XITK, XSW
5 months ago - ETF Trends

Software stocks have become a dominant force in the stock market. Let's explore seven software ETFs worth watching this month.

Other tickers mentioned: CLOU, IGV, PSJ, SKYY, XITK, XSW
5 months ago - InvestorPlace

IPOs have been red-hot this year. The momentum may slowdown just ahead of and right after the election due to policy uncertainties, but long-term potential is bright.

Other tickers mentioned: BSY, IPOS, SNOW, SPAK
5 months ago - Zacks Investment Research

To say that 2020 “has been interesting” thus far would be an understatement, but when it comes to exchange-traded funds (ETFs), that’s truly the case. Investorplace published their 10 best ETFs so far f...

Other tickers mentioned: CLOU, IPOS
6 months ago - ETF Trends

Not all of the best ETFs this year will continue their monstrous climbs next year. But there are still plenty of winners here to keep your eyes on.

Other tickers mentioned: ACT, CLOU, IWO, JETS, MJ, QQQ, XITK ...
6 months ago - InvestorPlace

Hundreds of IPOs and SPACs have come on the market this year but how do you know which ones to buy?

Other tickers mentioned: FPX, SPAK
6 months ago - Zacks Investment Research

While jitters will emanate from the U.S. presidential election and global banking sector woes amid news of money laundering, strength may be added by President Trump's fast recovering health, stimulus t...

Other tickers mentioned: CNRG, MUB, PNQI, RTH
6 months ago - Zacks Investment Research

The Covid-19 pandemic painted a cloudy picture for initial public offerings (IPOs) to start 2020, but they’re set to finish the year strong. With key IPOs already in the works, this makes a case for a r...

Other tickers mentioned: FPX, IPOS
6 months ago - ETF Trends

The IPO ETF continues to demonstrate strength towards the end of 2020. And it should remain one of the best ETFs in the years ahead as well.

6 months ago - InvestorPlace

After a superb August, September turned gloomy for Wall Street.

Other tickers mentioned: BBP, DXJS, TAN, TAPR
6 months ago - Zacks Investment Research

These ETFs provide diversified exposure to hottest IPOs

Other tickers mentioned: FPX
6 months ago - Zacks Investment Research

The third quarter of 2020 has been all about coronavirus-related developments, global fiscal and monetary stimulus and coronavirus vaccine hopes.

Other tickers mentioned: ACWI, CARZ, FNGS, IBUY, ONLN, PBW, QCLN ...
6 months ago - Zacks Investment Research

We have highlighted five ETFs from different corners of the equity market that raked in more than 25% gains in the third quarter and could be better plays if the trend prevails.

Other tickers mentioned: BETZ, FNGS, PEZ, TAN
6 months ago - Zacks Investment Research

Direct Listing Have Bad Track Record, Says Renaissance Capital's Smith

YouTube video

Sep.29 -- Kathleen Smith, IPO ETF manager at Renaissance Capital LLC., talks about companies going public through direct listings.

6 months ago - Bloomberg Technology

With Palantir and Asana's direct listings on deck, three market watchers break down what 2020's share issuances could mean for exchange-traded fund investors.

6 months ago - CNBC

The best could be yet to come for initial public offerings (IPOs) in the third quarter. According a recent MarketWatch report, the IPO market could see 11 deals and two direct listings this week, which ...

Other tickers mentioned: FPX, IPOS
6 months ago - ETF Trends

How new listings ahead may impact the IPO ETF

YouTube video

CNBC's Bob Pisani discusses moves in exchange-traded funds ahead of IPOs this week with Kim Arthur of Main Management and Tim Seymour, who is a "Fast Money" trader.

6 months ago - CNBC Television

While the coronavirus has upended many businesses, the initial public offerings market along with related exchange traded fund has been enjoying one their best year ever.

6 months ago - ETF Trends

ETF Trends CEO Tom Lydon discussed the Renaissance IPO ETF (IPO) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The Renaissance IPO ETF adds positions of the most signi...

6 months ago - ETF Trends

The combination of lofty valuation, lack of additional fiscal stimulus package, election uncertainty and rising U.S.-China tensions weighed on investors' sentiment.

Other tickers mentioned: BBP, BETZ, EDUT, TAN
6 months ago - Zacks Investment Research

Corporate actions like IPOs, M&A and spinoffs are picking up pace. These ETFs may benefit.

Other tickers mentioned: CSD, FPX, MNA
6 months ago - ETFcom

Billionaire investor Warren Buffett is known for his reluctance to invest in the technology sector. However, with changing times, his Berkshire Hathaway has also started taking interested in tech shares.

Other tickers mentioned: FDIS, IYW, ONLN, XLK, XLY
6 months ago - Zacks Investment Research