The deal priced at low end of $33.30-$33.60 range. Morgan Stanley is acting as sole book running manager for the offering.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UTI:
- Universal Technical 1.93M share Block Trade; price range $33.30-$33.60
- Universal Technical price target raised to $37 from $32 at Truist
- Universal Technical Institute Reports Robust Earnings Growth
- Universal Technical price target raised to $36 from $31 at B. Riley
- Universal Technical price target raised to $35 from $31 at Lake Street