BlackRock Tchnlgy nd Prvt Eqty Trm Trst $BTX is Quantedge Capital Pte Ltd’s 6th Largest Position

Quantedge Capital Pte Ltd lifted its position in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) by 33.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,187,179 shares of the company’s stock after buying an additional 300,100 shares during the quarter. BlackRock Tchnlgy nd Prvt Eqty Trm Trst makes up about 4.3% of Quantedge Capital Pte Ltd’s holdings, making the stock its 6th largest position. Quantedge Capital Pte Ltd’s holdings in BlackRock Tchnlgy nd Prvt Eqty Trm Trst were worth $7,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BTX. Osaic Holdings Inc. acquired a new stake in BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the 2nd quarter valued at about $448,000. CreativeOne Wealth LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the third quarter worth about $101,000. Private Advisor Group LLC acquired a new position in BlackRock Tchnlgy nd Prvt Eqty Trm Trst during the third quarter worth about $939,000. UBS Group AG purchased a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at about $4,653,000. Finally, Invesco Ltd. purchased a new stake in shares of BlackRock Tchnlgy nd Prvt Eqty Trm Trst in the third quarter valued at about $10,719,000. 26.00% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

BTX stock opened at $8.39 on Wednesday. The company’s 50 day simple moving average is $8.81 and its 200-day simple moving average is $7.56. The firm has a market capitalization of $493.79 million, a PE ratio of -3.70 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 12 month low of $6.13 and a 12 month high of $9.44.

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. Investors of record on Tuesday, September 15th will be paid a $0.0525 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 7.5%. 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.