Renaissance IPO ETF (IPO)
| Assets | $226.21M |
| NAV | $36.49 |
| Expense Ratio | 0.60% |
| PE Ratio | n/a |
| Shares Out | 6.20M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -44.11% |
| Volume | 96,078 |
| Open | 36.05 |
| Previous Close | 36.40 |
| Day's Range | 35.00 - 36.15 |
| 52-Week Low | 26.31 |
| 52-Week High | 70.59 |
| Beta | 1.23 |
| Holdings | 74 |
| Inception Date | Oct 14, 2013 |
About IPO
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.
Top 10 Holdings
46.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Airbnb | ABNB | 9.26% |
| Snowflake | SNOW | 6.56% |
| Datadog | DDOG | 5.93% |
| Cloudflare | NET | 4.30% |
| DoorDash | DASH | 3.84% |
| Roblox | RBLX | 3.62% |
| Palantir Technologies | PLTR | 3.56% |
| Li Auto | LI | 3.34% |
| Royalty Pharma | RPRX | 3.22% |
| Bill.com Holdings | BILL | 3.05% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2020 | $0.0657 | Mar 27, 2020 |
| Dec 13, 2019 | $0.06359 | Dec 20, 2019 |
| Jun 14, 2019 | $0.01881 | Jun 21, 2019 |
| Mar 15, 2019 | $0.06201 | Mar 22, 2019 |
| Sep 14, 2018 | $0.01676 | Sep 21, 2018 |
| Jun 15, 2018 | $0.06753 | Jun 22, 2018 |
News
IPO market stays dormant as Justworks and Fresh Market withdraw their filings
The IPO market has been largely frozen this year as investors flee risk. That doesn't appear to be changing anytime soon.
Is It Wise to Invest in This Beaten-Down Fintech IPO?
This stock is down 66% this year, but it is guiding for 30% to 35% revenue growth this upcoming fiscal year.
5 ETFs That Gained 6% Plus in Thursday's Trading Session
Wall Street rallied on Thursday to end the week in positive territory as cheap valuation has compelled investors to buy stocks at a discount.
The 4 Best ETFs for Bargain Hunters to Buy Now
Despite the carnage in the capital markets, those who wish to take the contrarian angle may do so with these best ETFs to buy at a discount. The post The 4 Best ETFs for Bargain Hunters to Buy Now appea...
IPO ETF slides 7% amid market carnage ahead of Bausch + Lomb pricing
The Renaissance IPO ETF tumbled 7% Thursday, swept up in the carnage in broader markets as major indexes more than wiped out the gains made Wednesday in a relief rally following a widely expected intere...
Tech, High Growth ETFs Buckle Amid Spiking Rates
The 10-year Treasury bond yield rallied for its seventh-straight session, pressuring high growth and high valuation stocks.
IPO market is ‘seeing a reversal this year,' Renaissance Capital research director says
Renaissance Capital's Research Director Nick Einhorn joins Yahoo Finance Live to discuss the IPO market performance.
Chobani execs leave the company, IPO put on hold: WSJ
A number of executives at yogurt maker Chobani Inc. are leaving the company, with IPO plans put on hold, according to The Wall Street Journal. Among the departures are Chief Operating Officer Peter McGu...
2021 Likely to be a Record Year for IPOs: ETFs to Win
The global market for initial public offerings was off to a great start this year and is still running hot. 2021 is on its way to become the record year for IPOs.
IPO ETFs Could Enjoy a Strong Finish to the Year
As capital market insiders anticipate a strong finish to the year for initial public offerings with a robust pipeline slated for 2022, investors could also tap into the IPO market with thematic exchange...
With IPOs Red Hot, What's Next for ETFs?
2021 is another blockbuster year for IPOs, here is what investors should know.
IPOs to watch in Q4
Yahoo Finance's Jared Blikre It has been a record-breaking year for new public company listings — including IPOs, direct listings and SPACs — with total U.S. issuance standing at $257 billion. Though mo...
This Hidden Gem ETF Is Ideally Suited for India's Growing Equity Market
When investors think of large equity markets and robust pipelines of initial public offerings (IPO), they usually think of the U.S. While this happens for a reason, IPO fever can and does grip other cou...
ETF Spotlight: Renaissance IPO ETF higher after flurry of IPO debuts
CNBC's Morgan Brennan breaks down the red-hot IPO market and looks at two companies who recently completed their first trades on Wall Street.
IPOs pace for record year in 2021. What to watch now
Renaissance Capital Chairman, principal and co-founder Kathleen Smith shares what she's watching in what could be a record year for initial public offerings. With CNBC's Bob Pisani.
Many 2021 IPOs fall flat on first trading day. Unpacking the performance
Renaissance Capital Chairman, principal and co-founder Kathleen Smith breaks down why some of this year's initial public offerings haven't performed as well as expected. With CNBC's Bob Pisani.
ETF Edge: It's a record year for IPOs
Kathleen Smith, who runs the Renaissance Capital IPO ETF, and Brian Schaeffer, managing director at InvestX Capital, join ETF Edge on the Halftime Report to discuss the IPOs to expect this fall and how ...
5 Top IPOs That Could Gain Considerable Momentum
Companies are racing to launch IPOs as the market hits all time highs. Here are some companies and ETFs to be part of the action.
2021 to be a Record Year for IPOs? ETFs in Focus
The global market for initial public offerings was off to a great start this year and is still running hot. There have been 250 IPOs priced this year, up 190.7% from last year.
IPOs See Best Q2 in 2 Decades: ETFs to Ride the Boom
The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.