Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Trading Up 0.5% – Time to Buy?

Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYCGet Free Report) rose 0.5% on Friday . The company traded as high as $18.10 and last traded at $18.09. 2,706 shares changed hands during 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 Stock Performance

The firm’s 50-day moving average price is $18.09 and its two-hundred day moving average price is $18.09. The firm has a market cap of $20.80 million, a PE ratio of 11.86 and a beta of 0.25.

About Rayliant Quantamental China Equity ETF

(Get Free Report)

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.

Further Reading

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