Destiny Tech100 (NYSE:DXYZ) Shares Up 5.7% – Should You Buy?

Destiny Tech100 Inc. (NYSE:DXYZ) shares shot up 5.7% during trading on Friday . The stock traded as high as $36.24 and last traded at $34.42. 2,161,804 shares were traded during mid-day trading, an increase of 52% from the average session volume of 1,419,406 shares. The stock had previously closed at $32.56.

Destiny Tech100 Stock Up 5.7%

The business has a 50 day moving average price of $29.07 and a two-hundred day moving average price of $27.97.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Hazlett Burt & Watson Inc. raised its stake in shares of Destiny Tech100 by 44.4% during the second quarter. Hazlett Burt & Watson Inc. now owns 3,900 shares of the company’s stock valued at $148,000 after acquiring an additional 1,200 shares during the last quarter. Harbour Investments Inc. increased its holdings in Destiny Tech100 by 312.5% during the 2nd quarter. Harbour Investments Inc. now owns 6,542 shares of the company’s stock valued at $249,000 after purchasing an additional 4,956 shares during the period. AA Financial Advisors LLC bought a new position in Destiny Tech100 during the 4th quarter valued at approximately $2,144,000. Genesis Financial Group LLC purchased a new stake in Destiny Tech100 in the 4th quarter worth approximately $306,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in Destiny Tech100 in the 4th quarter worth approximately $391,000.