Wolverine Asset Management LLC Buys New Shares in BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Wolverine Asset Management LLC acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 528,036 shares of the company’s stock, valued at approximately $3,538,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CWM LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the third quarter worth approximately $64,000. Plancorp LLC bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth approximately $67,000. Sowell Financial Services LLC bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth approximately $67,000. Merit Financial Group LLC acquired a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth approximately $80,000. Finally, City State Bank bought a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at $87,000. Institutional investors own 26.00% of the company’s stock.

Insider Buying and Selling at BlackRock Tchnlgy nd Prvt Eqty Trm Trst

In related news, Director Robert W. Fairbairn sold 21,936 shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $6.52, for a total transaction of $143,022.72. Following the completion of the sale, the director owned 1 shares of the company’s stock, valued at approximately $6.52. The trade was a 100.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 20.50% of the stock is owned by insiders.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

Shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $6.91 on Friday. The business has a fifty day simple moving average of $6.70 and a two-hundred day simple moving average of $6.91. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 1 year low of $5.10 and a 1 year high of $8.31. The company has a market capitalization of $406.49 million, a price-to-earnings ratio of -3.04 and a beta of 4.61.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.