Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Shares Down 0.4% – What’s Next?

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO)’s share price traded down 0.4% on Tuesday . The company traded as low as $32.22 and last traded at $32.30. 2,014 shares changed hands during trading, The stock had previously closed at $32.42.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance

The stock has a 50 day moving average of $31.34 and a two-hundred day moving average of $30.26. The firm has a market capitalization of $42.70 million, a P/E ratio of 15.74 and a beta of 0.87.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

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.