Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report)’s stock price shot up 0.5% during trading on Friday. The stock traded as high as $18.10 and last traded at $18.09. Approximately 2,706 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 5,299 shares. The stock had previously closed at $18.00.
Rayliant Quantamental China Equity ETF Trading Up 0.5%
The company’s 50-day simple moving average is $18.09 and its 200 day simple moving average is $18.09. The stock has a market cap of $20.80 million, a P/E ratio of 11.86 and a beta of 0.25.
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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