Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) dropped 0.3% on Wednesday . The stock traded as low as $14.08 and last traded at $14.11. Approximately 4,034 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 6,310 shares. The stock had previously closed at $14.15.
Rayliant Quantamental China Equity ETF Trading Up 1.3 %
The firm has a market capitalization of $37.18 million, a price-to-earnings ratio of 10.44 and a beta of 0.43. The company’s 50 day moving average is $14.43 and its 200-day moving average is $14.18.
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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