IPO Stock Summary and Trading Ideas (Renaissance IPO ETF | ARCA:IPO)

The Renaissance IPO ETF, a series of Renaissance Capital Greenwich Fund (the Trust ), seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index.

Renaissance IPO ETF trades on the ARCA stock market under the symbol IPO.

As of March 3, 2025, IPO stock price declined to $41.24 with 22,297 million shares trading.

IPO has a beta of 1.57, meaning it tends to be more sensitive to market movements. IPO has a correlation of 0.70 to the broad based SPY ETF.

IPO has a market cap of $144.34 million. This is considered a Micro Cap stock.

In the last 3 years, IPO traded as high as $48.23 and as low as $23.62.

IPO has underperformed the market in the last year with a price return of +5.7% while the SPY ETF gained +17.7%. IPO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.9% and -11.6%, respectively, while the SPY returned -1.3% and -3.4%, respectively.

IPO support price is $41.28 and resistance is $42.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IPO shares will trade within this expected range on the day.