BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX Holdings Increased by Absolute Investment Advisers LLC

Absolute Investment Advisers LLC lifted its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 144.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,549,398 shares of the company’s stock after acquiring an additional 915,474 shares during the quarter. Absolute Investment Advisers LLC’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $10,226,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 4th quarter valued at about $22,266,000. Invesco Ltd. boosted its holdings in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 13.2% during the fourth quarter. Invesco Ltd. now owns 1,811,362 shares of the company’s stock worth $11,937,000 after purchasing an additional 211,545 shares during the period. Raymond James Financial Inc. acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the third quarter valued at $9,000,000. Quantedge Capital Pte Ltd raised its position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 471.1% during the fourth quarter. Quantedge Capital Pte Ltd now owns 887,079 shares of the company’s stock valued at $5,846,000 after acquiring an additional 731,750 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst by 46.4% during the 4th quarter. Wolverine Asset Management LLC now owns 773,052 shares of the company’s stock worth $5,094,000 after purchasing an additional 245,016 shares during the last quarter. Institutional investors own 26.00% of the company’s stock.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Trading Up 0.3%

BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $8.77 on Monday. The company has a market capitalization of $516.02 million, a P/E ratio of -3.86 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 1-year low of $6.13 and a 1-year high of $9.44. The firm’s fifty day simple moving average is $8.58 and its 200-day simple moving average is $7.34.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0525 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 7.2%. BlackRock Tchnlgy nd Prvt Eqty Trm Trst’s dividend payout ratio is presently -25.11%.

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.