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

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price passed 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 trading hands.

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

The firm has a market cap of $270.99 million, a price-to-earnings ratio of 15.45 and a beta of -0.85. The company has a 50 day moving average price of $19.51 and a 200 day moving average price of $19.60.

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

A number of hedge funds have recently made changes to their positions in BTAL. Waterloo Capital L.P. acquired a new position in AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter valued at about $477,000. Worth Asset Management LLC lifted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 16.2% during the 3rd quarter. Worth Asset Management LLC now owns 41,346 shares of the company’s stock worth $810,000 after buying an additional 5,760 shares in the last quarter. VitalStone Financial LLC boosted its position in AGF U.S. Market Neutral Anti-Beta Fund by 109.1% in 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 grew its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 8.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 158,626 shares of the company’s stock worth $3,109,000 after acquiring an additional 12,788 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.