AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Price Up 1.1% – Here’s What Happened

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) shares rose 1.1% on Wednesday . The company traded as high as $17.36 and last traded at $17.11. Approximately 715,452 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 768,081 shares. The stock had previously closed at $16.92.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 1.1%

The stock’s fifty day moving average price is $17.19 and its two-hundred day moving average price is $18.78. The firm has a market capitalization of $326.80 million, a price-to-earnings ratio of 17.67 and a beta of -0.51.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. J.Safra Asset Management Corp acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter valued at $48,000. Farther Finance Advisors LLC acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 1st quarter valued at $189,000. Magnolia Private Wealth LLC boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 3.9% in the 1st quarter. Magnolia Private Wealth LLC now owns 18,629 shares of the company’s stock valued at $388,000 after buying an additional 700 shares in the last quarter. Ethos Financial Group LLC boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 24.7% in the 2nd quarter. Ethos Financial Group LLC now owns 25,229 shares of the company’s stock valued at $446,000 after buying an additional 5,004 shares in the last quarter. Finally, L.M. Kohn & Company acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter valued at $570,000.

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.