AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $19.60 and traded as low as $18.71. AGF U.S. Market Neutral Anti-Beta Fund shares last traded at $18.82, with a volume of 317,828 shares traded.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 0.7 %

The firm has a market capitalization of $270.99 million, a price-to-earnings ratio of 15.45 and a beta of -0.85. The firm has a fifty day moving average price of $19.51 and a 200 day moving average price of $19.60.

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

Several institutional investors and hedge funds have recently made changes to their positions in BTAL. Creative Financial Designs Inc. ADV grew its stake in AGF U.S. Market Neutral Anti-Beta Fund by 8.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 158,626 shares of the company’s stock valued at $3,109,000 after acquiring an additional 12,788 shares during the period. VitalStone Financial LLC lifted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 48.5% in the third 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 in the last quarter. Worth Asset Management LLC boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 16.2% in the third quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock valued at $810,000 after buying an additional 5,760 shares during the period. Finally, Waterloo Capital L.P. acquired a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund during the second quarter worth $477,000.

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.