Destiny Tech100 (NYSE:DXYZ) Shares Down 25.2% – What’s Next?

Destiny Tech100 Inc. (NYSE:DXYZ) shares traded down 25.2% during mid-day trading on Tuesday . The stock traded as low as $48.73 and last traded at $53.31. 12,234,869 shares traded hands during mid-day trading, an increase of 526% from the average session volume of 1,953,336 shares. The stock had previously closed at $71.24.

Destiny Tech100 Price Performance

The company has a 50-day moving average of $30.18 and a 200-day moving average of $28.85.

Hedge Funds Weigh In On Destiny Tech100

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. boosted its position in Destiny Tech100 by 51.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock worth $26,000 after acquiring an additional 332 shares during the last quarter. Sunbelt Securities Inc. bought a new stake in shares of Destiny Tech100 during the 4th quarter worth approximately $28,000. CWM LLC bought a new stake in shares of Destiny Tech100 during the 4th quarter worth approximately $37,000. Raymond James Financial Inc. bought a new stake in shares of Destiny Tech100 during the 2nd quarter worth approximately $47,000. Finally, Clearstead Trust LLC bought a new stake in shares of Destiny Tech100 during the 4th quarter worth approximately $42,000.