Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Stock Price Up 3.4% – Here’s What Happened

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMOGet Free Report)’s share price were up 3.4% during trading on Wednesday . The stock traded as high as $31.98 and last traded at $32.41. Approximately 4,077 shares traded hands during mid-day trading, The stock had previously closed at $31.33.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Up 3.4 %

The stock has a market capitalization of $43.10 million, a price-to-earnings ratio of 15.74 and a beta of 0.87. The stock has a 50-day simple moving average of $32.24 and a 200 day simple moving average of $31.33.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile

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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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