BlackRock Innovation and Growth Term Trust (NYSE:BIGZ – Get Free Report) shares passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $8.04 and traded as low as $7.8650. BlackRock Innovation and Growth Term Trust shares last traded at $7.95, with a volume of 662,382 shares changing hands.
BlackRock Innovation and Growth Term Trust Stock Performance
The firm has a 50-day moving average price of $8.82 and a two-hundred day moving average price of $8.05.
About BlackRock Innovation and Growth Term Trust
BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) is a publicly traded, closed-end investment trust managed by BlackRock Advisors, LLC. Rather than operating a business or selling products and services, the trust invests in a portfolio of companies on behalf of its shareholders.
BIGZ seeks total return by investing primarily in equity securities of companies that its investment manager believes have above-average growth potential, often because of innovation. Its portfolio may include companies of different sizes and from a range of industries and geographies.
The trust was launched in 2021 and is part of BlackRock’s range of closed-end funds.
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