Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report)’s share price rose 0.5% during trading on Tuesday . The company traded as high as $32.27 and last traded at $32.02. Approximately 11,043 shares traded hands during mid-day trading, The stock had previously closed at $31.85.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance
The business’s 50-day moving average price is $32.19 and its 200 day moving average price is $31.15. The stock has a market capitalization of $42.09 million, a PE ratio of 15.74 and a beta of 0.87.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile
The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.
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