Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) fell 0.4% during trading on Thursday . The stock traded as low as $29.54 and last traded at $29.60. 2,039 shares changed hands during trading, The stock had previously closed at $29.72.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance
The firm has a market cap of $39.37 million, a P/E ratio of 15.74 and a beta of 0.87. The firm’s fifty day moving average is $29.86 and its 200 day moving average is $28.56.
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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