AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Shares Up 1.1% – Here’s Why

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s share price shot up 1.1% during trading on Tuesday . The company traded as high as $19.40 and last traded at $19.35. 629,672 shares were traded during mid-day trading, an increase of 64% from the average session volume of 383,923 shares. The stock had previously closed at $19.14.

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

The business’s 50 day moving average is $19.82 and its 200 day moving average is $19.58. The stock has a market cap of $276.71 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

A number of institutional investors have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV boosted its stake 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 valued at $3,109,000 after buying an additional 12,788 shares during the period. VitalStone Financial LLC boosted its stake 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 buying an additional 27,885 shares during the period. Worth Asset Management LLC raised its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 16.2% during the 3rd quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock valued at $810,000 after purchasing an additional 5,760 shares in the last quarter. Waterloo Capital L.P. bought a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 2nd quarter valued at $477,000. Finally, Toronto Dominion Bank raised its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 352.8% during the 1st 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 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.