J.W. Cole Advisors Inc. acquired a new stake in BlackRock Innovation and Growth Term Trust (NYSE:BIGZ – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,372 shares of the company’s stock, valued at approximately $75,000.
Several other hedge funds have also made changes to their positions in BIGZ. D.A. Davidson & CO. purchased a new position in shares of BlackRock Innovation and Growth Term Trust in the 4th quarter valued at approximately $110,000. Steward Partners Investment Advisory LLC boosted its stake in BlackRock Innovation and Growth Term Trust by 5.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 65,521 shares of the company’s stock worth $480,000 after buying an additional 3,105 shares during the last quarter. Karpus Management Inc. increased its position in BlackRock Innovation and Growth Term Trust by 54.3% during the fourth quarter. Karpus Management Inc. now owns 1,203,858 shares of the company’s stock worth $8,824,000 after purchasing an additional 423,468 shares during the last quarter. LM Advisors LLC purchased a new stake in shares of BlackRock Innovation and Growth Term Trust during the 4th quarter valued at approximately $1,133,000. Finally, Virtu Financial LLC raised its position in BlackRock Innovation and Growth Term Trust by 84.6% in the fourth quarter. Virtu Financial LLC now owns 39,245 shares of the company’s stock valued at $288,000 after purchasing an additional 17,987 shares during the period.
BlackRock Innovation and Growth Term Trust Trading Up 2.3 %
BlackRock Innovation and Growth Term Trust stock opened at $7.60 on Friday. BlackRock Innovation and Growth Term Trust has a fifty-two week low of $6.21 and a fifty-two week high of $8.25. The firm has a 50 day moving average price of $7.28 and a 200 day moving average price of $7.43.
BlackRock Innovation and Growth Term Trust Dividend Announcement
Insiders Place Their Bets
In related news, major shareholder Saba Capital Management, L.P. acquired 42,236 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was bought at an average price of $7.38 per share, for a total transaction of $311,701.68. Following the completion of the purchase, the insider now directly owns 52,553,522 shares of the company’s stock, valued at approximately $387,844,992.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders acquired 1,873,427 shares of company stock valued at $13,792,900 in the last ninety days.
BlackRock Innovation and Growth Term Trust Company Profile
BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.
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