Readystate Asset Management LP Purchases New Shares in BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Readystate Asset Management LP acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 338,664 shares of the company’s stock, valued at approximately $2,269,000. Readystate Asset Management LP owned approximately 0.58% of BlackRock Tchnlgy nd Prvt Eqty Trm Trst as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Wedbush Securities Inc. bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at about $444,000. Advisors Asset Management Inc. bought a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at approximately $2,866,000. Oppenheimer & Co. Inc. purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter worth approximately $1,541,000. RFG Advisory LLC bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter valued at approximately $183,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter valued at $72,000. 26.00% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Up 0.9%

NYSE BTX opened at $6.54 on Wednesday. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52 week low of $5.10 and a 52 week high of $8.16. The firm has a market capitalization of $384.72 million, a price-to-earnings ratio of -2.88 and a beta of 4.61. The company has a fifty day moving average of $6.68 and a two-hundred day moving average of $6.84.

Insider Activity

In related news, Director Robert W. Fairbairn sold 21,936 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $6.52, for a total value of $143,022.72. Following the sale, the director directly owned 1 shares of the company’s stock, valued at $6.52. This represents a 100.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 20.50% of the company’s stock.

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.