Destiny Tech100 (NYSE:DXYZ) Trading Up 3% – Time to Buy?

Destiny Tech100 Inc. (NYSE:DXYZ) was up 3% on Thursday . The company traded as high as $30.37 and last traded at $29.35. Approximately 963,132 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 1,278,447 shares. The stock had previously closed at $28.49.

Destiny Tech100 Stock Performance

The firm has a 50-day moving average of $27.99 and a 200-day moving average of $28.20.

Institutional Investors Weigh In On Destiny Tech100

Institutional investors and hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. grew its stake in 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 in the last quarter. Harbour Investments Inc. lifted its stake in Destiny Tech100 by 312.5% in the 2nd quarter. Harbour Investments Inc. now owns 6,542 shares of the company’s stock worth $249,000 after purchasing an additional 4,956 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Destiny Tech100 by 40.5% during the 3rd 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 during the last quarter. Visionary Wealth Advisors bought a new position in shares of Destiny Tech100 during the 2nd quarter valued at about $239,000. Finally, Cresset Asset Management LLC purchased a new position in shares of Destiny Tech100 during the second quarter valued at about $221,000.