ECAT Insider L.P. Saba Capital Management Sells $2.9M of Stock
L.P. Saba Capital Management sold 188,006 shares of ECAT, valued at $2.85 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Saba Capital Management sold 188,006 shares of BlackRock ESG Capital Allocation Term Trust ($ECAT) at an average price of $15.17, worth about $2.85 million, on June 11, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ECAT is up 3.6% after 1 week, up 6.4% after 1 month and down 4.8% to date (from the $13.88 close on Jun 11, 2026).
ECAT
BlackRock ESG Capital Allocation Term Trust
Key Points
- L.P. Saba Capital Management sold 188,006 shares of ECAT, valued at approximately $2.85 million, on June 11, 2026.
- ECAT shares traded at $15.42, with other firms like Morgan Stanley and BlackRock adjusting their positions.
- Saba Capital Management also made several other sales in June, reducing their stake in ECAT.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated BlackRock ESG Capital Allocation Term Trust alert may contain errors. Disclosures
L.P. Saba Capital Management recently sold 188,006 shares of ECAT at an average price of $15.17 each, amounting to a total of $2.85 million. This transaction took place on June 11, 2026, and was not part of a planned trading program.
Other Institutional Activity in ECAT
Saba Capital Management, L.P. significantly reduced its holdings in ECAT by 4,314,094 shares, leaving them with 22,022,163 shares valued at about $299.06 million. Meanwhile, Morgan Stanley added 37,517 shares, bringing its total to 2,204,468 shares worth approximately $29.94 million. Penserra Capital Management LLC also increased its position by 94,638 shares, ending with 1,459,010 shares valued at $19.81 million. BlackRock, Inc. made a smaller addition of 5,000 shares to hold 1,233,545 shares worth $16.75 million. Similarly, Royal Bank of Canada and Invesco Ltd. increased their holdings by 9,985 and 4,605 shares, respectively.
BlackRock ESG Capital Allocation Term Trust Stock Up 13.6%
Shares of ECAT traded at $15.42 recently. The stock has seen various institutional investors adjusting their positions, reflecting ongoing interest in the company.
Insider Buying and Selling at BlackRock ESG Capital Allocation Term Trust
In addition to the June 11 sale, L.P. Saba Capital Management executed several other transactions throughout June. On June 12, they sold 19,611 shares at $15.49 each. Prior to that, they sold 116,920 shares on June 10 at $15.23, and 28,265 shares on June 9 at $15.33. On June 8, they sold 33,076 shares at $15.42, and on June 5, 56,029 shares were sold at $15.40. None of these transactions were planned sales.
Bottom Line
L.P. Saba Capital Management's recent sales of ECAT shares highlight their active management of holdings. While these insider transactions can provide insights into institutional strategies, they are not necessarily indicative of future performance. Investors often track such movements to gauge sentiment, but it's important to remember that these filings are retrospective and may not reflect the current positions.
Related Filing Alerts
Source: L.P. Saba Capital Management's Form 4 filing on $ECAT (Jun 11, 2026). Find the original filing: ECAT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts