Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report)’s share price fell 1% during mid-day trading on Friday . The company traded as low as $14.36 and last traded at $14.36. 3,550 shares traded hands during trading, a decline of 34% from the average session volume of 5,392 shares. The stock had previously closed at $14.50.
Rayliant Quantamental China Equity ETF Stock Performance
The stock’s 50-day simple moving average is $14.14 and its 200-day simple moving average is $14.43. The firm has a market capitalization of $17.95 million, a PE ratio of 13.29 and a beta of 0.23.
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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