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Renaissance IPO ETF (IPO)

NYSEArca - NYSEArca Delayed Price. Currency in USD
40.24+0.39 (+0.98%)
At close: 03:59PM EDT
39.50 -0.74 (-1.84%)
After hours: 04:06PM EDT
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Trade prices are not sourced from all markets
Previous Close39.85
Open40.20
Bid0.00 x 2900
Ask0.00 x 1000
Day's Range39.75 - 40.34
52 Week Range27.07 - 41.39
Volume38,822
Avg. Volume63,395
Net Assets178.67M
NAV40.26
PE Ratio (TTM)N/A
Yield0.00%
YTD Daily Total Return5.73%
Beta (5Y Monthly)1.17
Expense Ratio (net)0.60%
Inception Date2013-10-16
  • Yahoo Finance Video

    Reddit's IPO reception is up in the air: Crunchbase

    Reddit is gearing up to launch its IPO next week, eyeing a valuation of around $6 billion. While some are excited, others point to the fact that the social media site isn't profitable, posting net losses of $90 million in 2023. Crunchbase News Senior Data Editor Gené Teare joins Yahoo Finance to discuss Reddit's upcoming IPO and what makes the platform unique in the social media sector. Teare lays out what the current sentiment for the stock is: "I think the signals here are very mixed. I think some people feel like this is a little rich as a valuation. They're targeting I think on the upper end of about $6.4 billion, and that has us saying, if this is a company that can still grow 18 years in then it might not be so rich...Its revenues around $804 million last year and it did grow that 21%. So if it can keep growing its revenues then there is potential in the stock, but I think a lot of that revenue growth is more recent. So I think there's a lot of doubt around whether this is a little rich." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Yahoo Finance Video

    'Stars are aligning' for the IPO market in 2024: Strategist

    The IPO market could be ready for a big year in 2024 after a dismal 2023, with companies like Reddit, Skims, and Shein expected to go public. Renaissance Capital Senior Strategist Matthew Kennedy joins Yahoo Finance to comment on the expectations for Reddit and Shein public listings, and the overall optimism for IPOs in 2024. "These past few years have built up a bottleneck of companies, that pipeline of IPOs has grown and grown. More companies want to go public. We've seen IPO filings reflect that," Kennedy says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Zacks

    IPO ETFs Look Hot in September: Here's Why

    September is already looking like an eventful month for initial public offerings. While Arm IPO already became successful, Instacart's scheduled entry may also turn out to be strong.