BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX Shares Sold by UBS Group AG

UBS Group AG reduced its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTXFree Report) by 14.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 596,389 shares of the company’s stock after selling 98,059 shares during the quarter. UBS Group AG’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $3,930,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sanctuary Advisors LLC raised its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 33.1% during the 4th quarter. Sanctuary Advisors LLC now owns 92,067 shares of the company’s stock worth $607,000 after acquiring an additional 22,910 shares in the last quarter. WPG Advisers LLC increased its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 122.8% in the fourth quarter. WPG Advisers LLC now owns 4,546 shares of the company’s stock valued at $30,000 after purchasing an additional 2,506 shares during the period. Absolute Investment Advisers LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the fourth quarter valued at $4,302,000. Shaker Financial Services LLC increased its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 34.9% in the fourth quarter. Shaker Financial Services LLC now owns 194,268 shares of the company’s stock valued at $1,280,000 after purchasing an additional 50,270 shares during the period. Finally, Merit Financial Group LLC increased its stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 97.8% in the fourth quarter. Merit Financial Group LLC now owns 23,549 shares of the company’s stock valued at $155,000 after purchasing an additional 11,643 shares during the period. 26.00% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Performance

NYSE BTX opened at $8.91 on Friday. The firm has a market cap of $523.85 million, a PE ratio of -3.92 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a one year low of $6.13 and a one year high of $8.98. The firm’s fifty day moving average is $7.40 and its two-hundred day moving average is $6.93.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.0525 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.1%. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s payout ratio is currently -26.43%.

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.

Further Reading

Want to see what other hedge funds are holding BTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTXFree Report).

Institutional Ownership by Quarter for BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX)

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