Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Stock Price Up 0.6% – Here’s What Happened

Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) shot up 0.6% on Friday . The company traded as high as $34.85 and last traded at $34.79. Approximately 2,997 shares were traded during trading, an increase of 14% from the average daily volume of 2,629 shares. The stock had previously closed at $34.58.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Price Performance

The company has a 50-day simple moving average of $33.99 and a 200-day simple moving average of $33.29. The stock has a market cap of $31.31 million, a PE ratio of 19.33 and a beta of 0.59.

Hedge Funds Weigh In On Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund recently raised its stake in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC lifted its stake in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 450,526 shares of the company’s stock after purchasing an additional 27,257 shares during the period. Strategy Shares Newfound/ReSolve Robust Momentum ETF makes up 5.4% of WJ Interests LLC’s investment portfolio, making the stock its 10th largest holding. WJ Interests LLC owned 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 as of its most recent filing with the Securities & Exchange Commission.

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.