Destiny Tech100 (NYSE:DXYZ) Trading 5.3% Higher – Should You Buy?

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) traded up 5.3% on Friday . The stock traded as high as $31.20 and last traded at $30.82. 963,791 shares were traded during trading, a decline of 34% from the average session volume of 1,452,794 shares. The stock had previously closed at $29.28.

Destiny Tech100 Price Performance

The company has a 50-day simple moving average of $30.15 and a 200 day simple moving average of $27.86.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Griffin Asset Management Inc. purchased a new stake in shares of Destiny Tech100 during the fourth quarter worth $208,000. Creative Financial Designs Inc. ADV increased its stake in Destiny Tech100 by 30.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,827 shares of the company’s stock worth $209,000 after acquiring an additional 1,574 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Destiny Tech100 by 5,434.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,092 shares of the company’s stock worth $156,000 after buying an additional 5,000 shares during the period. HighTower Advisors LLC acquired a new position in Destiny Tech100 during the fourth quarter worth $218,000. Finally, Allworth Financial LP purchased a new position in Destiny Tech100 during the 4th quarter valued at about $67,000.