IPO - Renaissance IPO ETF
|Ex-Dividend Date||Mar 20, 2020|
|Trading Day||July 29|
|Day's Range||62.93 - 64.02|
|52-Week Range||42.52 - 77.05|
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 |
|Inception Date |
Oct 14, 2013
|Ticker Symbol |
|Index Tracked |
Renaissance IPO Index
Top 10 Holdings54.19% of assets
|Mar 20, 2020||$0.066||Mar 27, 2020|
|Dec 13, 2019||$0.064||Dec 20, 2019|
|Jun 14, 2019||$0.019||Jun 21, 2019|
|Mar 15, 2019||$0.062||Mar 22, 2019|
|Sep 14, 2018||$0.017||Sep 21, 2018|
|Jun 15, 2018||$0.0675||Jun 22, 2018|
An IPO slowdown would benefit ETF investors, Renaissance's Kathleen Smith says amid China's Didi crackdown
"A little bit of fear in the market" will likely help investors in ETFs such as Renaissance Capital's U.S. IPO ETF, the firm's chairman says.
ETF Edge, July 7, 2021
CNBC's Frank Holland digs into the latest trends impacting exchange-traded funds with Dave Nadig, chief investment officer and director of research at ETF Trends, Kathleen Smith, chairman, principal and...
SPACs fizzle, IPOs sizzle: How China's cybersecurity crackdown could impact the space
Kathleen Smith, chairman, principal and co-founder of Renaissance Capital, Dave Nadig, chief investment officer and director of research at ETF Trends, and Jay Rhame, CEO of Reaves Asset Management, tal...
With COVID-19 vaccination taking momentum, the outlook for large U.S. companies' corporate actions is looking bright.
Last year, the pandemic may have tamped down venture capital (VC) funding, but as global economies heal, VC is starting to show signs of life again in North America. This presents an opportunity for ETF...
President Joe Biden wants to raise capital gains tax to 39.6% from the current rate of 20% for those earning $1 million or more. Since the group is just 0.3% of total population, don't expect a severe m...
The winning cryptocurrency just had an awful week and probably the worst since February due to the talks of capital gain tax hike.
The pending Coinbase direct listing is exciting a broad base of the investment community outside the usual cryptocurrency crowd.
Amazon-backed EV start-up Rivian Automotive is planning for an IPO. These ETFs may gain from the move.
Unpacking the newest SPAC ETF with the man behind its launch
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.
Morgan Stanley's M&A chief explains why SPAC deals are advantageous for many companies
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...
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.
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.
Lonsdale: Market has undervalued durable tech platforms for years
"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...
IPO ETF Inflow Surges to Record on Airbnb, DoorDash Listings
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...
The markets might be getting frothy with excess and this week's IPO bonanza epitomizes the market's lust for risk.
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.
Companies have raised the most money in IPOs ever amid insatiable investor demand.
IPO ETF may fell on Dec 9 on broader market concerns, the prospect looks pretty upbeat.
The year ahead will see a spate of public market newcomers, possibly including SpaceX, Waymo and Instacart, says Renaissance Capital's Kathleen Smith.
What could lie store for IPOs and SPACs in 2021: ETF analysts
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.
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.
Christmas Is Coming Early In The IPO Market: DASH & ABNB
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 ...
ETFs that track new IPOs and innovation can add a spark to your portfolio.
The fourth quarter of this year could be ruled by tech IPOs.
Here are the IPOs setting their prices amid the market sell-off
Companies carefully plan their IPOs, hoping to pick the best time to go public. Sometimes you go public during a major market sell-off.
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...
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...
Hundreds of IPOs and SPACs have come on the market this year but how do you know which ones to buy?
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...