AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Trading Down 2.2% – What’s Next?

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s share price fell 2.2% during mid-day trading on Tuesday . The stock traded as low as $11.84 and last traded at $11.84. Approximately 781,410 shares were traded during trading, a decline of 6% from the average session volume of 833,046 shares. The stock had previously closed at $12.11.

AGF U.S. Market Neutral Anti-Beta Fund Stock Performance

The business’s fifty day simple moving average is $11.67 and its 200 day simple moving average is $12.96. The stock has a market cap of $296.59 million, a price-to-earnings ratio of 17.67 and a beta of -0.63.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC purchased a new position in AGF U.S. Market Neutral Anti-Beta Fund in the second quarter valued at about $36,000. Triumph Capital Management acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 3rd quarter valued at approximately $70,000. J.Safra Asset Management Corp raised its position in shares of AGF U.S. Market Neutral Anti-Beta Fund by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 8,142 shares of the company’s stock valued at $117,000 after purchasing an additional 741 shares in the last quarter. Worth Asset Management LLC purchased a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 4th quarter valued at approximately $364,000. Finally, IFP Advisors Inc boosted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 7.4% during the 3rd quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock valued at $364,000 after buying an additional 1,582 shares during the last quarter.

AGF U.S. Market Neutral Anti-Beta Fund Company Profile

The AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that takes long positions in low beta US stocks, offset by short positions in high beta US stocks. BTAL was launched on Sep 13, 2011 and is managed by AGF.