Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report)’s stock price were down 4.1% during trading on Thursday . The company traded as low as $31.79 and last traded at $30.04. Approximately 4,077 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 4,478 shares. The stock had previously closed at $31.33.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Down 8.3 %
The stock has a market cap of $32.48 million, a price-to-earnings ratio of 23.64 and a beta of 0.60. The company’s fifty day moving average is $31.55 and its two-hundred day moving average is $31.79.
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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