AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Shares Down 0.9% – Here’s What Happened

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL)’s stock price was down 0.9% on Wednesday . The stock traded as low as $14.01 and last traded at $14.12. Approximately 1,306,733 shares traded hands during trading, an increase of 69% from the average daily volume of 771,456 shares. The stock had previously closed at $14.25.

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

The company has a market capitalization of $336.63 million, a price-to-earnings ratio of 17.67 and a beta of -0.66. The business’s 50-day simple moving average is $14.03 and its 200-day simple moving average is $14.94.

AGF U.S. Market Neutral Anti-Beta Fund Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Investors of record on Tuesday, December 30th were issued a $0.3579 dividend. This represents a yield of 249.0%. The ex-dividend date was Tuesday, December 30th.

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

Institutional investors have recently bought and sold shares of the business. J.Safra Asset Management Corp lifted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 8,142 shares of the company’s stock valued at $117,000 after purchasing an additional 741 shares during the period. IFP Advisors Inc grew its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 7.4% during the third quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock worth $364,000 after purchasing an additional 1,582 shares during the period. Triumph Capital Management bought a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the third quarter valued at about $70,000. Ethos Financial Group LLC increased its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 24.7% in the second quarter. Ethos Financial Group LLC now owns 25,229 shares of the company’s stock valued at $446,000 after purchasing an additional 5,004 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 2.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 224,292 shares of the company’s stock valued at $3,571,000 after buying an additional 5,487 shares during the period.

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.