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 composition primarily in Tech and Financials, compared to First Trust US Equity Opportunities ETF with similar performance.
Xjet Ltd., an Israeli 3-D printing company, withdrew its registration for a U.S. initial public offering on Friday, ending plans to list on Nasdaq. The company last updated its filing documents with the Securities and Exchange Commission in September of 2023.