Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Trading Up 0.7% – Should You Buy?

Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMOGet Free Report) traded up 0.7% on Friday . The company traded as high as $30.81 and last traded at $30.95. 500 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 4,374 shares. The stock had previously closed at $30.73.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance

The business’s fifty day moving average is $30.34 and its two-hundred day moving average is $31.51. The company has a market cap of $34.97 million, a P/E ratio of 19.33 and a beta of 0.60.

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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