BlackRock Innovation and Growth Term Trust (NYSE:BIGZ) Shares Down 1.7% – Here’s What Happened

BlackRock Innovation and Growth Term Trust (NYSE:BIGZ – Get Free Report)’s share price was down 1.7% on Friday. The stock traded as low as $9.16 and last traded at $9.24. 596,230 shares were traded during mid-day trading, a decline of 15% from the average session volume of 702,427 shares. The stock had previously closed at $9.40.

BlackRock Innovation and Growth Term Trust Price Performance

The stock’s 50-day moving average price is $8.89 and its 200-day moving average price is $8.41.

About BlackRock Innovation and Growth Term Trust

(Get Free Report)

BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) is a publicly traded, non-diversified closed-end investment fund managed by BlackRock Advisors, LLC. Rather than operating a traditional business, the trust invests in a portfolio of companies with the goal of providing total return through a combination of current income and capital appreciation.

The fund focuses primarily on equity securities issued by innovative, growth-oriented companies. Its portfolio may include businesses across sectors and market capitalizations, with an emphasis on companies that BlackRock believes have attractive long-term growth potential.

See Also

Receive News & Ratings for BlackRock Innovation and Growth Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Innovation and Growth Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.