Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) traded up 0.6% during mid-day trading on Friday . The company traded as high as $13.14 and last traded at $13.14. 6,974 shares were traded during trading, a decline of 34% from the average session volume of 10,626 shares. The stock had previously closed at $13.06.
Rayliant Quantamental China Equity ETF Stock Performance
The firm’s fifty day simple moving average is $13.65 and its 200 day simple moving average is $13.45. The stock has a market capitalization of $34.12 million, a price-to-earnings ratio of 10.44 and a beta of 0.43.
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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