Oppenheimer & Co. Inc. Acquires New Holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX

Oppenheimer & Co. Inc. bought a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) during the third quarter, Holdings Channel reports. The fund bought 230,048 shares of the company’s stock, valued at approximately $1,541,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. RFG Advisory LLC acquired a new position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the third quarter worth $183,000. J.W. Cole Advisors Inc. acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth about $72,000. Penserra Capital Management LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the 3rd quarter worth about $18,344,000. Mutual Advisors LLC bought a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 3rd quarter valued at about $242,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at about $87,000. 26.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Robert W. Fairbairn sold 21,936 shares of the company’s 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 sale, the director directly owned 1 shares of the company’s stock, valued at approximately $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 the SEC website. Corporate insiders own 20.50% of the company’s stock.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

Shares of BTX opened at $6.47 on Friday. The business has a 50-day moving average of $6.69 and a 200-day moving average of $6.85. The company has a market capitalization of $380.60 million, a price-to-earnings ratio of -2.85 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 1 year low of $5.10 and a 1 year high of $8.16.

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.