Destiny Tech100 (NYSE:DXYZ) Shares Down 1.5% – Here’s Why

Destiny Tech100 Inc. (NYSE:DXYZ) shares were down 1.5% during mid-day trading on Thursday . The company traded as low as $29.11 and last traded at $30.31. Approximately 1,867,194 shares changed hands during trading, an increase of 155% from the average daily volume of 730,886 shares. The stock had previously closed at $30.77.

Destiny Tech100 Stock Performance

The stock’s 50-day moving average is $25.67 and its two-hundred day moving average is $29.68.

Hedge Funds Weigh In On Destiny Tech100

Several institutional investors have recently added to or reduced their stakes in DXYZ. UBS Group AG raised its holdings in shares of Destiny Tech100 by 45.3% during the 3rd quarter. UBS Group AG now owns 29,639 shares of the company’s stock worth $631,000 after acquiring an additional 9,241 shares in the last quarter. Private Advisor Group LLC raised its stake in Destiny Tech100 by 40.5% during the third quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock valued at $324,000 after purchasing an additional 4,384 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new stake in Destiny Tech100 during the third quarter valued at $112,000. Hazlett Burt & Watson Inc. lifted its position in Destiny Tech100 by 119.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 8,540 shares of the company’s stock valued at $183,000 after purchasing an additional 4,640 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Destiny Tech100 by 992.1% in the 3rd quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock worth $88,000 after buying an additional 3,770 shares in the last quarter.