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Renaissance Launches International IPO ETF (IPOS)

By: ETFdb
This week, Wall Street got off to yet another sour start, with major equity indexes closing in the red. On Wednesday, stocks took a small breather after two straight down days. The third quarter earnings season also kicked off this week, with aluminum producer and bellwether Alcoa (AA) posting its results on Wednesday after the closing bell [see also Under the Hood of the Internet ETF (FDN)]. Also this week, Renaissance Capital, the creator of the IPO ETF (IPO), launched its second ETF. The International IPO ETF Last year, Renaissance Capital introduced its first exchange traded product, the IPO ETF (IPO), which thus far has accumulated over $30 million in total assets under management. On Monday, the issuer’s newest ETF–the International IPO ETF (IPOS)–made its debut. Commenting on the launch of the new fund, Chairman of Renaissance Capital Kathleen Smith stated “The launch of the Renaissance International IPO ETF, responds to investor demand for […] Click here to read the original article on ETFdb.com. Related Posts: Re-Visiting the ETF Graveyard: 10 Unique ETFs That Didn’t Make the Cut ETFs to Play 2014′s Most Anticipated IPOs Complete List Of New 2013 ETFs IPO ETFs (FPX, IPO): A Better Way To Ride The Bull Which ETFs Will Own Twitter (TWTR)
This week, Wall Street got off to yet another sour start, with major equity indexes closing in the red. On Wednesday, stocks took a small breather after two straight down days. The third quarter earnings season also kicked off this week, with aluminum producer and bellwether Alcoa (AA) posting its results on Wednesday after the closing bell [see also Under the Hood of the Internet ETF (FDN)]. Also this week, Renaissance Capital, the creator of the IPO ETF (IPO), launched its second ETF. The International IPO ETF Last year, Renaissance Capital introduced its first exchange traded product, the IPO ETF (IPO), which thus far has accumulated over $30 million in total assets under management. On Monday, the issuer’s newest ETF–the International IPO ETF (IPOS)–made its debut. Commenting on the launch of the new fund, Chairman of Renaissance Capital Kathleen Smith stated “The launch of the Renaissance International IPO ETF, responds to investor demand for […]

Click here to read the original article on ETFdb.com.

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