Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) were up 0.7% during trading on Wednesday . The stock traded as high as $18.13 and last traded at $18.13. Approximately 493 shares changed hands during trading, a decline of 89% from the average daily volume of 4,603 shares. The stock had previously closed at $18.00.
Rayliant Quantamental China Equity ETF Price Performance
The company’s 50-day simple moving average is $16.92 and its 200 day simple moving average is $15.29. The firm has a market cap of $22.30 million, a P/E ratio of 11.86 and a beta of 0.20.
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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