Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) shares traded up 7.8% on Wednesday . The company traded as high as $17.40 and last traded at $17.39. 59,134 shares traded hands during mid-day trading, an increase of 460% from the average session volume of 10,561 shares. The stock had previously closed at $16.13.
Rayliant Quantamental China Equity ETF Stock Performance
The firm has a market cap of $45.21 million, a price-to-earnings ratio of 10.44 and a beta of 0.43. The business has a fifty day moving average of $13.19 and a two-hundred day moving average of $13.58.
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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