AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Price Down 0.3% – Time to Sell?

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price traded down 0.3% during trading on Friday . The company traded as low as $12.11 and last traded at $12.20. 496,105 shares were traded during trading, a decline of 45% from the average session volume of 898,960 shares. The stock had previously closed at $12.24.

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

The firm has a market capitalization of $313.54 million, a P/E ratio of 17.67 and a beta of -0.61. The business’s 50-day moving average is $13.08 and its 200 day moving average is $13.94.

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

A number of hedge funds have recently bought and sold shares of BTAL. Triumph Capital Management bought a new position in AGF U.S. Market Neutral Anti-Beta Fund during the third quarter worth about $70,000. J.Safra Asset Management Corp increased its position in AGF U.S. Market Neutral Anti-Beta Fund by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 8,142 shares of the company’s stock worth $117,000 after acquiring an additional 741 shares during the period. Worth Asset Management LLC bought a new position in AGF U.S. Market Neutral Anti-Beta Fund during the fourth quarter worth about $364,000. IFP Advisors Inc increased its position in AGF U.S. Market Neutral Anti-Beta Fund by 7.4% during the third quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock worth $364,000 after acquiring an additional 1,582 shares during the period. Finally, Bank of New York Mellon Corp increased its position in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% during the first quarter. Bank of New York Mellon Corp now owns 27,235 shares of the company’s stock worth $380,000 after acquiring 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.