AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Shares Down 0.4% – Here’s Why

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price fell 0.4% during trading on Thursday . The company traded as low as $17.93 and last traded at $18.00. 182,856 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 439,596 shares. The stock had previously closed at $18.08.

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

The company’s 50-day moving average price is $18.74 and its two-hundred day moving average price is $19.45. The company has a market capitalization of $257.40 million, a price-to-earnings ratio of 15.45 and a beta of -0.85.

Institutional Investors Weigh In On AGF U.S. Market Neutral Anti-Beta Fund

Several large investors have recently added to or reduced their stakes in BTAL. Creative Financial Designs Inc. ADV boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 8.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 158,626 shares of the company’s stock worth $3,109,000 after buying an additional 12,788 shares in the last quarter. VitalStone Financial LLC lifted its position in shares of AGF U.S. Market Neutral Anti-Beta Fund by 48.5% during the 3rd quarter. VitalStone Financial LLC now owns 85,335 shares of the company’s stock valued at $1,673,000 after acquiring an additional 27,885 shares during the period. Worth Asset Management LLC boosted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 16.2% during the third quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock worth $810,000 after acquiring an additional 5,760 shares in the last quarter. Finally, Waterloo Capital L.P. acquired a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the second quarter worth $477,000.

About AGF U.S. Market Neutral Anti-Beta Fund

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.