Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Stock Break Above Two Hundred Day Moving Average – Here’s Why

Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $33.54 and traded as high as $33.60. Strategy Shares Newfound/ReSolve Robust Momentum ETF shares last traded at $33.60, with a volume of 399 shares changing hands.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Up 1.0%

The company has a 50 day moving average price of $34.13 and a 200 day moving average price of $33.54. The firm has a market cap of $25.20 million, a PE ratio of 21.15 and a beta of 0.54.

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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