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NEW YORK ( TheStreet) -- Blackstone Group (NYSE: BX) hit a new 52-week high Tuesday as it traded at $18.98 compared with its previous 52-Week high of $18.95. Blackstone Group is changing hands at $18.98 with 882,963 shares traded as of 10:31 a.m. ET. Average volume has been 4.6 million shares over the past 30 days. Blackstone Group has a market cap of $8.2 billion and is part of the financial sector and financial services industry. Shares are up 32.7% year to date as of the close of trading on Monday. The Blackstone Group, L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. The company operates in four segments: Private Equity, Real Estate, Credit and Marketable Alternatives, and Financial Advisory.