Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) traded down 1.3% during mid-day trading on Tuesday . The company traded as low as $27.81 and last traded at $27.81. 1,860 shares changed hands during trading, The stock had previously closed at $28.17.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Down 1.3 %
The company has a market capitalization of $36.99 million, a P/E ratio of 15.16 and a beta of 0.84. The firm’s 50-day moving average price is $28.28 and its 200 day moving average price is $26.92.
About Strategy Shares Newfound/ReSolve Robust Momentum ETF
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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