Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Stock Price Down 0.3% – Time to Sell?

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYCGet Free Report)’s share price was down 0.3% during trading on Wednesday . The stock traded as low as $14.08 and last traded at $14.11. Approximately 4,034 shares changed hands during trading, a decline of 36% from the average daily volume of 6,310 shares. The stock had previously closed at $14.15.

Rayliant Quantamental China Equity ETF Stock Down 0.3 %

The firm has a market cap of $36.69 million, a price-to-earnings ratio of 10.44 and a beta of 0.43. The firm has a 50 day moving average of $14.46 and a 200 day moving average of $14.17.

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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