Renaissance IPO ETF (IPO)
| Assets | $177.40M |
| Expense Ratio | 0.60% |
| PE Ratio | 42.66 |
| Shares Out | 4.50M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +35.87% |
| Volume | 1,264 |
| Open | 39.36 |
| Previous Close | 39.28 |
| Day's Range | 39.36 - 39.65 |
| 52-Week Low | 28.38 |
| 52-Week High | 42.40 |
| Beta | 1.73 |
| Holdings | 54 |
| Inception Date | Oct 14, 2013 |
About IPO
Fund Home PageThe 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.
Top 10 Holdings
55.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Kenvue Inc. | KVUE | 10.30% |
| Nu Holdings Ltd. | NU | 10.03% |
| Coinbase Global, Inc. | COIN | 8.61% |
| AppLovin Corporation | APP | 5.99% |
| Robinhood Markets, Inc. | HOOD | 4.16% |
| Arm Holdings plc | ARM | 4.14% |
| Core & Main, Inc. | CNM | 3.82% |
| UiPath Inc. | PATH | 2.80% |
| On Holding AG | ONON | 2.73% |
| Kanzhun Limited | BZ | 2.51% |
News
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.
Startup valuations' impact on IPOs
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss tech's IPO outlook.
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...
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...
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...
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 ...
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...
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...
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.
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...
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.
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.
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...
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.
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...
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.
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...
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...
Firstmark's Rick Heitzmann gives the pulse on IPOs
Rick Heitzmann, Firstmark Capital, joins 'Closing Bell' to discuss IPOs as markets await Instacart to go public.
IPO market braces for first tech unicorns in nearly two years
The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first te...
Arm deal is expected to lift tech IPOs, but not all future debuts will have the same draw
The strong debut of Arm Holdings Plc. is expected to reignite the long-dormant IPO market for tech companies, but not all the current deals in the pipeline will have the same draw for investors.
The IPO trade trend now is focused on multiple expansions: Manhattan Venture's Rashaun Williams
Rashaun Williams, Manhattan Venture Partners general partner, joins 'Closing Bell' to discuss efforts to recover strength in the IPO market, Turo's plans to go public, and the trickle-down effects of ...
Arm IPO: What You Need To Know
Arm holdings and its parent company SoftBank are preparing to file of the most significant IPOs in recent memory. In this article we discuss who they are, what they do in the semiconductor space, and ...
Exclusive: SoftBank hired Arm's IPO banks without clarity on fees -sources
Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of owner SoftBank Group's leverage over underwriters clamoring for ...
Portfolio manager discusses the investment risks around Arm's IPO
Jamie Halse, portfolio manager at Platinum Asset Management, says he would be cautious about buying into Arm, given that SoftBank, which is "not known as a poster child for good corporate governance,"...