AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Shares Down 0.1% – Here’s Why

Shares of AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) were down 0.1% during mid-day trading on Friday . The company traded as low as $19.93 and last traded at $20.05. Approximately 341,197 shares changed hands during trading, a decline of 28% from the average daily volume of 474,344 shares. The stock had previously closed at $20.08.

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

The firm has a market cap of $342.86 million, a P/E ratio of 20.61 and a beta of -0.57. The company’s 50 day moving average is $18.87 and its 200 day moving average is $19.17.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BTAL. Magnolia Private Wealth LLC bought a new stake in AGF U.S. Market Neutral Anti-Beta Fund during the 4th quarter worth $331,000. Ethos Financial Group LLC raised its position in AGF U.S. Market Neutral Anti-Beta Fund by 49.1% in the fourth quarter. Ethos Financial Group LLC now owns 20,225 shares of the company’s stock valued at $386,000 after purchasing an additional 6,663 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 20.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 190,368 shares of the company’s stock valued at $3,518,000 after purchasing an additional 31,742 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.