Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report)’s stock price dropped 0.4% on Tuesday . The company traded as low as $32.22 and last traded at $32.30. Approximately 2,014 shares were traded during mid-day trading, The stock had previously closed at $32.42.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance
The company’s 50-day moving average is $31.34 and its 200-day moving average is $30.26. The firm has a market cap of $42.70 million, a price-to-earnings ratio of 15.74 and a beta of 0.87.
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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