AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Stock Passes Below 200-Day Moving Average – Here’s Why

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 changing hands.

AGF U.S. Market Neutral Anti-Beta Fund Stock Up 1.0 %

The company has a 50 day moving average of $19.53 and a 200 day moving average of $19.60. The stock has a market capitalization of $269.13 million, a price-to-earnings ratio of 15.45 and a beta of -0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BTAL. Toronto Dominion Bank boosted its position in shares of AGF U.S. Market Neutral Anti-Beta Fund by 352.8% in the first quarter. Toronto Dominion Bank now owns 3,930 shares of the company’s stock worth $71,000 after acquiring an additional 3,062 shares during the last quarter. Waterloo Capital L.P. acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter valued at $477,000. Worth Asset Management LLC boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 16.2% in the 3rd quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock valued at $810,000 after purchasing an additional 5,760 shares during the last quarter. VitalStone Financial LLC grew its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 109.1% during the 2nd quarter. VitalStone Financial LLC now owns 57,450 shares of the company’s stock valued at $1,127,000 after buying an additional 29,969 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 8.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 158,626 shares of the company’s stock worth $3,109,000 after buying an additional 12,788 shares during the last quarter.

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.