Destiny Tech100 (NYSE:DXYZ) Trading Down 6.3% – Here’s What Happened

Destiny Tech100 Inc. (NYSE:DXYZGet Free Report) shares dropped 6.3% during mid-day trading on Monday . The company traded as low as $38.88 and last traded at $39.1550. Approximately 4,313,766 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 2,734,024 shares. The stock had previously closed at $41.79.

Destiny Tech100 Stock Up 4.5%

The stock has a fifty day moving average of $40.06 and a 200-day moving average of $32.68.

Hedge Funds Weigh In On Destiny Tech100

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DXYZ. Cresset Asset Management LLC acquired a new position in Destiny Tech100 in the second quarter valued at approximately $221,000. Raymond James Financial Inc. purchased a new stake in Destiny Tech100 in the second quarter valued at approximately $47,000. Visionary Wealth Advisors purchased a new stake in Destiny Tech100 in the second quarter valued at approximately $239,000. Creative Financial Designs Inc. ADV purchased a new stake in Destiny Tech100 in the third quarter valued at approximately $112,000. Finally, Private Advisor Group LLC lifted its stake in Destiny Tech100 by 40.5% in the third quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock valued at $324,000 after buying an additional 4,384 shares during the last quarter.

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