Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Trading 0.5% Higher – Time to Buy?

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMOGet Free Report)’s share price rose 0.5% on Tuesday . The company traded as high as $32.27 and last traded at $32.02. Approximately 11,043 shares were traded during mid-day trading, The stock had previously closed at $31.85.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Up 0.2 %

The company has a 50-day moving average price of $32.19 and a two-hundred day moving average price of $31.15. The stock has a market cap of $42.18 million, a P/E ratio of 15.74 and a beta of 0.87.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

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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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