Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Stock Price Up 0.5% – Here’s What Happened
by Danessa Lincoln · The Markets DailyRayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report)’s stock price rose 0.5% during mid-day trading on Tuesday . The stock traded as high as $18.10 and last traded at $18.09. Approximately 2,706 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 5,109 shares. The stock had previously closed at $18.00.
Rayliant Quantamental China Equity ETF Stock Up 0.5%
The company has a market capitalization of $20.80 million, a price-to-earnings ratio of 11.86 and a beta of 0.25. The company has a 50-day moving average price of $18.09 and a 200-day moving average price of $18.17.
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.