Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Shares Down 0.2%

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Rating) traded down 0.2% during mid-day trading on Tuesday . The stock traded as low as $19.00 and last traded at $19.08. 9,270 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 17,858 shares. The stock had previously closed at $19.11.

Rayliant Quantamental China Equity ETF Price Performance

The company’s 50-day simple moving average is $17.83 and its 200-day simple moving average is $18.61.

Hedge Funds Weigh In On Rayliant Quantamental China Equity ETF

An institutional investor recently bought a new position in Rayliant Quantamental China Equity ETF stock. Colony Group LLC acquired a new position in shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Rating) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,423,643 shares of the company’s stock, valued at approximately $76,039,000. Rayliant Quantamental China Equity ETF accounts for approximately 1.3% of Colony Group LLC’s holdings, making the stock its 12th biggest holding. Colony Group LLC owned about 64.60% of Rayliant Quantamental China Equity ETF at the end of the most recent reporting period.