Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) shares rose 0.9% during trading on Monday . The company traded as high as $25.32 and last traded at $25.31. Approximately 3,582 shares traded hands during trading, The stock had previously closed at $25.08.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Price Performance
The firm has a market cap of $42.27 million, a price-to-earnings ratio of 16.13 and a beta of 0.57. The stock has a 50-day moving average price of $25.47 and a 200 day moving average price of $25.57.
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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