Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Stock Price Up 0.1% – What’s Next?

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYCGet Free Report) traded up 0.1% on Monday . The stock traded as high as $14.88 and last traded at $14.88. 13,872 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 11,376 shares. The stock had previously closed at $14.87.

Rayliant Quantamental China Equity ETF Stock Performance

The business has a 50 day simple moving average of $14.94 and a 200-day simple moving average of $14.01. The firm has a market cap of $38.69 million, a price-to-earnings ratio of 10.44 and a beta of 0.43.

About Rayliant Quantamental China Equity ETF

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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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