ETF Spotlight: Investing in Firms with Strong Insider Confidence – BTAL

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The AGF U.S. Market Neutral Anti-Beta Fund (BTAL) reports that 44.4% of its weighted holdings have experienced insider buying in the last six months, highlighting a notable trend in corporate confidence. Among these, Tyler Technologies, Inc. (TYL), comprising 9.47% of BTAL, has seen two directors make recent share purchases totaling approximately $37.5 million.

Notable insider transactions at TYL include Andrew D. Teed, Director, purchasing 1,600 shares at $309.91 each on February 23, 2026, totaling $495,856, and Abigail Marshall Diaz-Pedrosa, Chief Administrative Officer, buying 610 shares at $325.08 each on February 20, 2026, amounting to $198,296. Additionally, Fiserv Inc (FISV), representing 8.72% of BTAL with a total holding of $34.5 million, also reported insider buying, including a purchase of 17,000 shares by CFO Paul M. Todd at $62.41 each, valued at $1,060,970.

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