AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Trading 1.3% Higher – What’s Next?

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) shares traded up 1.3% during trading on Friday . The company traded as high as $19.65 and last traded at $19.52. 571,597 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 587,310 shares. The stock had previously closed at $19.27.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 1.3 %

The company has a market cap of $301.58 million, a PE ratio of 19.07 and a beta of -0.53. The stock has a 50 day moving average price of $18.34 and a 200 day moving average price of $19.14.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Magnolia Private Wealth LLC purchased a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 4th quarter worth about $331,000. Ethos Financial Group LLC boosted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 49.1% during the fourth quarter. Ethos Financial Group LLC now owns 20,225 shares of the company’s stock worth $386,000 after acquiring an additional 6,663 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in 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 worth $3,518,000 after acquiring 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.