AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Price Up 0.9% – Here’s What Happened

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s share price shot up 0.9% during trading on Thursday . The company traded as high as $12.60 and last traded at $12.50. 678,814 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 956,395 shares. The stock had previously closed at $12.39.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 0.9%

The firm has a 50-day moving average of $13.75 and a two-hundred day moving average of $14.35. The firm has a market cap of $344.38 million, a price-to-earnings ratio of 17.67 and a beta of -0.57.

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

Several hedge funds have recently modified their holdings of BTAL. Triumph Capital Management bought a new position in AGF U.S. Market Neutral Anti-Beta Fund during the third quarter worth $70,000. J.Safra Asset Management Corp grew its position 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 worth $117,000 after purchasing an additional 741 shares during the last quarter. Worth Asset Management LLC acquired a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 4th quarter worth $364,000. IFP Advisors Inc increased its holdings 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 worth $364,000 after purchasing an additional 1,582 shares during the period. Finally, PMV Capital Advisers LLC increased its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 14.0% during the 1st quarter. PMV Capital Advisers LLC now owns 246,621 shares of the company’s stock worth $3,443,000 after purchasing an additional 30,234 shares during the period.

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.