Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report)’s stock price was down 0.3% during mid-day trading on Wednesday . The stock traded as low as $14.08 and last traded at $14.11. Approximately 4,034 shares traded 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 Price Performance
The company has a market capitalization of $36.69 million, a P/E ratio of 10.44 and a beta of 0.43. The company’s 50-day moving average price is $14.46 and its two-hundred day moving average price is $14.17.
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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