Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) shares fell 0.6% on Friday . The company traded as low as $14.45 and last traded at $14.45. 1,490 shares changed hands during trading, a decline of 90% from the average session volume of 14,489 shares. The stock had previously closed at $14.53.
Rayliant Quantamental China Equity ETF Trading Down 0.6 %
The stock has a market capitalization of $18.06 million, a price-to-earnings ratio of 13.67 and a beta of 0.22. The firm has a 50-day moving average of $14.35 and a 200-day moving average of $14.61.
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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