Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) rose 1.1% on Monday . The stock traded as high as $13.86 and last traded at $13.84. Approximately 5,516 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 13,632 shares. The stock had previously closed at $13.69.
Rayliant Quantamental China Equity ETF Stock Performance
The stock has a market cap of $17.30 million, a P/E ratio of 11.57 and a beta of 0.19. The business has a 50 day simple moving average of $14.13 and a 200-day simple moving average of $14.53.
Rayliant Quantamental China Equity ETF Company Profile
The Rayliant Quantamental China Equity ETF (RAYC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of Chinese stocks selected and weighted based on a combination of quantitative and fundamental, quantamental, proprietary research. RAYC was launched on Dec 31, 2020 and is managed by Rayliant.
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