GPS Wealth Strategies Group LLC Cuts Stock Holdings in Rayliant Quantitative Developed Market Equity ETF $RAYD

GPS Wealth Strategies Group LLC reduced its stake in Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) by 61.5% during the second quarter, HoldingsChannel.com reports. The fund owned 2,100 shares of the company’s stock after selling 3,350 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Rayliant Quantitative Developed Market Equity ETF were worth $75,000 at the end of the most recent reporting period.

Rayliant Quantitative Developed Market Equity ETF Stock Up 0.3%

Shares of Rayliant Quantitative Developed Market Equity ETF stock opened at $37.44 on Friday. The firm has a market cap of $104.08 million, a price-to-earnings ratio of 20.25 and a beta of 0.86. The business has a 50-day moving average price of $37.49 and a 200-day moving average price of $35.99. Rayliant Quantitative Developed Market Equity ETF has a twelve month low of $28.13 and a twelve month high of $38.29.

Rayliant Quantitative Developed Market Equity ETF Profile

The Rayliant Quantitative Developed Market Equity ETF (RAYD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of developed market equities that are selected and weighted with the aid of quantitative data models. RAYD was launched on Dec 15, 2021 and is managed by Rayliant.