Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) fell 1.9% during mid-day trading on Tuesday . The stock traded as low as $14.11 and last traded at $14.12. 11,392 shares traded hands during trading, a decline of 28% from the average session volume of 15,863 shares. The stock had previously closed at $14.40.
Rayliant Quantamental China Equity ETF Stock Down 2.9 %
The firm has a market capitalization of $35.65 million, a price-to-earnings ratio of 10.44 and a beta of 0.43. The business’s fifty day moving average is $14.90 and its 200 day moving average is $14.14.
About Rayliant Quantamental China Equity ETF
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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