Destiny Tech100 (NYSE:DXYZ) Trading 5.5% Higher – Time to Buy?

Destiny Tech100 Inc. (NYSE:DXYZ)’s share price was up 5.5% during trading on Monday . The stock traded as high as $30.50 and last traded at $30.3510. Approximately 1,721,206 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 1,427,631 shares. The stock had previously closed at $28.76.

Destiny Tech100 Stock Performance

The firm has a 50-day moving average of $27.23 and a 200-day moving average of $28.48.

Institutional Investors Weigh In On Destiny Tech100

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. lifted its holdings in shares of Destiny Tech100 by 44.4% in the second quarter. Hazlett Burt & Watson Inc. now owns 3,900 shares of the company’s stock worth $148,000 after buying an additional 1,200 shares in the last quarter. Harbour Investments Inc. increased its holdings in Destiny Tech100 by 312.5% in the 2nd quarter. Harbour Investments Inc. now owns 6,542 shares of the company’s stock valued at $249,000 after acquiring an additional 4,956 shares during the last quarter. Cresset Asset Management LLC purchased a new stake in Destiny Tech100 in the 2nd quarter worth $221,000. Raymond James Financial Inc. purchased a new stake in Destiny Tech100 in the 2nd quarter worth $47,000. Finally, Visionary Wealth Advisors bought a new position in shares of Destiny Tech100 during the 2nd quarter valued at about $239,000.