BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Director Robert Fairbairn Sells 21,936 Shares

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Director Robert Fairbairn sold 21,936 shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $6.52, for a total value of $143,022.72. Following the completion of the transaction, the director owned 1 shares in the company, valued at $6.52. The trade was a 100.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

Shares of NYSE:BTX opened at $6.72 on Tuesday. The business has a 50-day moving average of $6.71 and a two-hundred day moving average of $6.87. The firm has a market capitalization of $395.31 million, a PE ratio of -2.96 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $5.10 and a 12 month high of $8.31.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. purchased a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at $43,000. Comerica Bank purchased a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth $47,000. CWM LLC acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at $64,000. Plancorp LLC purchased a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at about $67,000. Finally, Sowell Financial Services LLC purchased a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at about $67,000. 26.00% of the stock is owned by institutional investors and hedge funds.

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.