Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) rose 3.8% during trading on Thursday . The company traded as high as $31.75 and last traded at $33.11. Approximately 4,275 shares traded hands during trading, a decline of 20% from the average daily volume of 5,333 shares. The stock had previously closed at $31.90.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance
The firm has a market capitalization of $29.80 million, a price-to-earnings ratio of 19.33 and a beta of 0.59. The business has a fifty day moving average price of $32.72 and a 200 day moving average price of $31.51.
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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