Renaissance IPO ETF (IPO)

NYSEARCA: IPO · Real-Time Price · USD
46.15
+0.28 (0.61%)
Dec 11, 2024, 3:59 PM EST - Market closed
0.61%
Assets $161.78M
Expense Ratio 0.60%
PE Ratio 28.47
Shares Out 3.45M
Dividend (ttm) $0.02
Dividend Yield 0.04%
Ex-Dividend Date Sep 13, 2024
Payout Ratio 1.06%
1-Year Return +31.86%
Volume 29,381
Open 46.09
Previous Close 45.87
Day's Range 45.78 - 46.29
52-Week Low 33.76
52-Week High 47.99
Beta 1.25
Holdings 33
Inception Date Oct 14, 2013

About IPO

Fund Home Page

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 three years of an IPO and sells after the three year period. IPO was launched on Oct 14, 2013 and is issued by Renaissance.

Asset Class Equity
Category Mid-Cap Growth
Region North America
Stock Exchange NYSEARCA
Ticker Symbol IPO
ETF Provider Renaissance
Index Tracked FTSE Renaissance IPO Index

Top 10 Holdings

64.69% of assets
Name Symbol Weight
Kenvue Inc. KVUE 9.16%
Arm Holdings plc ARM 8.78%
Rivian Automotive, Inc. RIVN 7.59%
Nu Holdings Ltd. NU 7.52%
Joint Stock Company Kaspi.kz KSPI 6.36%
CAVA Group, Inc. CAVA 6.31%
Corebridge Financial, Inc. CRBG 5.67%
GitLab Inc. GTLB 4.79%
Maplebear Inc. CART 4.78%
TPG Inc. TPG 3.73%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 13, 2024 $0.009 Sep 20, 2024
Jun 14, 2024 $0.008 Jun 21, 2024
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
Full Dividend History

News

IPO: Favorable Capital Markets In 2025 Not Yet A Tailwind (Rating Downgrade)

The IPO market has been sluggish for almost three years due to elevated global yields and macroeconomic uncertainties, despite a peak in early 2021. I am downgrading the Renaissance IPO ETF from a buy...

24 days ago - Seeking Alpha

IPO ETF: Hard To Know Where It Fits

Renaissance IPO ETF provides exposure to new US IPOs without the hassle of being a first buyer. The portfolio includes companies like Kenvue, Nu Holdings, Coinbase, Arm Holdings, and AppLovin. Sector ...

6 months ago - Seeking Alpha

IPO Trends to Keep in Focus

From my seat, there's not a lot different yet in the IPO industry, notes Chase Anderson. He discusses IPO trends to keep in focus.

7 months ago - Schwab Network

Startup valuations' impact on IPOs

CNBC's Deirdre Bosa joins 'Power Lunch' to discuss tech's IPO outlook.

8 months ago - CNBC Television

IPO Activity Slow To Recover

The talk of the day is the debut of Reddit (RDDT) on public markets. The stock priced at the top of its expected range, and at the intraday highs traded 70% above the IPO price of $34.

9 months ago - Seeking Alpha

U.S. IPO Weekly Recap: 2024 IPO Market Starts Off With $2B Additions To The Pipeline

While the calendar was quiet this past week, six IPOs joined the pipeline, two of which we estimate could raise $1 billion or more. Three biotechs filed to raise $100 million.

Other symbols: COINIPOSKVUESDHC
1 year ago - Seeking Alpha

Reddit, Shein and Stripe may lead a revived IPO market in 2024

The U.S. market for initial public offerings is expected to stage a recovery in 2024 from the drought of the last two years, buoyed by expectations the Federal Reserve will switch to a rate-cutting cy...

1 year ago - Market Watch

Avista Health plans direct listing IPO on the Nasdaq in Q1

Avista Health, an Orange, Calif., Medicare Advantage prescription drug plan provider based in Orange, Calif., said it plans to register its common stock for trading on Nasdaq in an initial public offe...

1 year ago - Market Watch

General Atlantic confidentially files for U.S. initial public offering: Bloomberg

General Atlantic, the 43-year-old private-equity firm that invested in Meta Platforms Inc. META, -2.31% and many other blockbuster companies before they went public, has filed a confidential initial p...

1 year ago - Market Watch

US IPO Weekly Recap: IPO Pipeline Adds Another Sizable Name Amid More Small Listings

One small IPO priced this week, along with one SPAC that began trading. Three IPOs and four SPACs joined the pipeline. Offshore transport services provider Hornbeck Offshore Services filed to raise $1...

Other symbols: ACWXHOSINHDIPOSRLNDZKH
1 year ago - Seeking Alpha

IPO Offers Very Few Advantages To Investors

Renaissance IPO ETF primarily invests in recently IPO'ed companies, but its value proposition may be questionable, as investors can easily buy individual IPO stocks that they like. The fund focuses on...

1 year ago - Seeking Alpha

Key Mining files for IPO with plans to list on Nasdaq

Key Mining, an exploration-stage miner focused on two projects in Chile, filed for an initial public offering on Tuesday, with plans to list on Nasdaq under the ticker “KMCM.” Titan Partners Group is ...

1 year ago - Market Watch

U.S. IPO Weekly Recap: Biotech Lexeo Stumbles After $100 Million IPO

Two IPOs are currently scheduled for the week ahead, although some small issuers may join the calendar late. As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was...

1 year ago - Seeking Alpha

Israeli communications headset maker Silynxcom files for New York IPO

Silynxcom Ltd., an Israeli maker of headsets for military, law enforcement, and homeland security agencies, filed for an initial public offering on Friday with plans to list on the New York Stock Exch...

1 year ago - Market Watch

Water treatment company Shimmick to offer 4.55 million shares in IPO priced at $10 to $12 each

Shimmick Corp. SHIM, , a water treatment company, set terms for its initial public offering on Tuesday with plans to offer 4.55 million shares, priced at $10 to $12 each. The company would raise $54.6...

Other symbols: SHIM
1 year ago - Market Watch

Navan CEO Ariel Cohen talks partnering with Citi

Ariel Cohen, Navan CEO, joins 'Closing Bell Overtime' to talk partnering with Citi, a possible IPO and more.

1 year ago - CNBC Television

IPO market: Companies not finding interest they hoped for, analyst says

"Recent IPO debuts from companies such as Instacart (CART), Arm Holdings (ARM), and Birkenstock (BIRK), have not delivered the performance many investors hoped for. University of Florida Professor Jay...

1 year ago - Yahoo Finance

Luxury skiwear company Perfect Moment files for IPO with plans to list on Nasdaq

Perfect Moment Ltd., a U.K.-based maker of luxury skiwear, outerwear and swimwear, filed for an initial public offering early Tuesday, with plans to list on Nasdaq under the ticker “PMNT.

1 year ago - Market Watch

Bessemer's Byron Deeter talks movement in the IPO market

Byron Deeter, Bessemer Venture Partners Partner, joins 'Closing Bell Overtime' to talk the IPO market, Birkenstock's recent valuation announcement and more.

1 year ago - CNBC Television

Weak companies are going public: Slow Ventures' Sam Lessin

Sam Lessin, Slow Ventures co-founder, joins 'The Exchange' to discuss late-stage capital funds competing with the public market, lack of investor trust in the IPO market, and a splintering in the mark...

1 year ago - CNBC Television

IPOs Could Screech to a Halt in a Shutdown

The SEC says it will suspend its processing of IPO registrations if Congress can't pass an appropriations bill by September's end.

1 year ago - Barrons

Wearable display product maker Six15 Technologies to offer 2 million shares in IPO priced at $5 each

Six15 Technologies Holding Corp., a maker of wearable display technology products, set terms for its initial public offering on Wednesday, with plans to offer 2 million shares priced at $5 each. The c...

1 year ago - Market Watch

JPMorgan's Jennifer Nason: It's a completely new world order for IPOs

Jennifer Nason, JPMorgan global chairman of investment banking, joins 'Closing Bell Overtime' to talk the IPO market, how to play recent IPOs and more.

1 year ago - CNBC Television

Wouldn't worry too much about the first few days of trading in recent IPOs: Ben Lerer

Ben Lerer, Lerer Hippeau managing director, joins 'Squawk on the Street' to discuss the recent spate of initial public offerings, whether there's a reason recent IPOs have stumbled after first-day pop...

Other symbols: ARMCARTKVYO
1 year ago - CNBC Television

IPO market shows fatigue as trio of big tech deals languish in second week of trading

The initial public offering market was again showing signs of fatigue on Monday, with the three big tech deals that priced last week falling again in early trading, with one dipping beneath its offeri...

Other symbols: ARMCARTKVYO
1 year ago - Market Watch