AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Trading Up 0.2% – Here’s Why

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) shares were up 0.2% during mid-day trading on Tuesday . The stock traded as high as $19.80 and last traded at $19.71. Approximately 139,592 shares changed hands during trading, a decline of 64% from the average daily volume of 382,985 shares. The stock had previously closed at $19.68.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 0.2 %

The stock’s fifty day simple moving average is $19.97 and its 200-day simple moving average is $19.49. The company has a market capitalization of $281.85 million, a price-to-earnings ratio of 15.45 and a beta of -0.85.

Institutional Trading of AGF U.S. Market Neutral Anti-Beta Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BTAL. VitalStone Financial LLC increased its position in AGF U.S. Market Neutral Anti-Beta Fund by 883.2% during the first quarter. VitalStone Financial LLC now owns 27,481 shares of the company’s stock worth $495,000 after buying an additional 24,686 shares during the period. Toronto Dominion Bank lifted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 352.8% in the first quarter. Toronto Dominion Bank now owns 3,930 shares of the company’s stock valued at $71,000 after purchasing an additional 3,062 shares during the period. Waterloo Capital L.P. acquired a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 2nd quarter valued at approximately $477,000. Finally, Worth Asset Management LLC boosted its position in shares of AGF U.S. Market Neutral Anti-Beta Fund by 16.2% in the 3rd quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock worth $810,000 after buying an additional 5,760 shares in the last quarter.

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.