Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) shot up 0.5% during mid-day trading on Monday . The company traded as high as $18.10 and last traded at $18.09. 2,706 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 5,109 shares. The stock had previously closed at $18.00.
Rayliant Quantamental China Equity ETF Price Performance
The company has a market cap of $20.80 million, a price-to-earnings ratio of 11.86 and a beta of 0.25. The firm’s fifty day moving average price is $18.09 and its 200-day moving average price is $18.14.
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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