AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Falls 2.6% – Time to Sell?

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL – Get Free Report) shares traded down 2.6% during mid-day trading on Friday. The company traded as low as $13.24 and last traded at $13.25. Approximately 1,893,665 shares changed hands during trading, an increase of 122% from the average session volume of 852,805 shares. The stock had previously closed at $13.61.

AGF U.S. Market Neutral Anti-Beta Fund Stock Down 2.6%

The company has a market capitalization of $336.55 million, a PE ratio of 17.49 and a beta of -0.68. The company’s 50 day moving average is $12.50 and its two-hundred day moving average is $12.66.

Institutional Trading of AGF U.S. Market Neutral Anti-Beta Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Collaborative Fund Advisors LLC bought a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 3rd quarter worth about $1,794,000. Farther Finance Advisors LLC grew its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 939.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 42,356 shares of the company’s stock valued at $508,000 after purchasing an additional 38,282 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% during the 1st quarter. Bank of New York Mellon Corp now owns 27,235 shares of the company’s stock valued at $380,000 after purchasing an additional 10,146 shares during the last quarter. CoreCap Advisors LLC purchased a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter worth about $36,000. Finally, Crescent Grove Advisors LLC purchased a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 1st quarter worth about $6,614,000.

About AGF U.S. Market Neutral Anti-Beta Fund

(Get Free Report)

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.

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