AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Trading Down 1.4% – Here’s What Happened

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) shares dropped 1.4% during mid-day trading on Tuesday . The stock traded as low as $11.91 and last traded at $11.91. 821,451 shares were traded during trading, a decline of 1% from the average session volume of 831,496 shares. The stock had previously closed at $12.08.

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

The stock’s fifty day moving average price is $11.70 and its 200-day moving average price is $12.76. The firm has a market cap of $300.13 million, a PE ratio of 17.67 and a beta of -0.64.

Hedge Funds Weigh In On AGF U.S. Market Neutral Anti-Beta Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp grew its holdings in 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 buying an additional 741 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 2nd quarter worth $36,000. Triumph Capital Management acquired a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 3rd quarter worth about $70,000. Worth Asset Management LLC increased its position in shares of AGF U.S. Market Neutral Anti-Beta Fund by 20.5% during the 1st quarter. Worth Asset Management LLC now owns 30,472 shares of the company’s stock worth $425,000 after purchasing an additional 5,190 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% in the 1st quarter. Bank of New York Mellon Corp now owns 27,235 shares of the company’s stock valued at $380,000 after buying an additional 10,146 shares during the period.

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.