Destiny Tech100 (NYSE:DXYZ) Shares Up 6.6% – Still a Buy?

Destiny Tech100 Inc. (NYSE:DXYZ) shares shot up 6.6% during mid-day trading on Monday . The stock traded as high as $30.00 and last traded at $29.86. 2,225,000 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 1,565,543 shares. The stock had previously closed at $28.00.

Destiny Tech100 Stock Up 6.6%

The company has a fifty day simple moving average of $28.12 and a two-hundred day simple moving average of $27.65.

Hedge Funds Weigh In On Destiny Tech100

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DXYZ. Cresset Asset Management LLC acquired a new position in Destiny Tech100 in the 2nd quarter valued at $221,000. Raymond James Financial Inc. acquired a new position in Destiny Tech100 in the 2nd quarter valued at $47,000. Visionary Wealth Advisors acquired a new position in Destiny Tech100 in the 2nd quarter valued at $239,000. Farther Finance Advisors LLC acquired a new position in Destiny Tech100 in the 3rd quarter valued at $47,000. Finally, Global Retirement Partners LLC raised its holdings in Destiny Tech100 by 992.1% in the 3rd quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock valued at $88,000 after acquiring an additional 3,770 shares in the last quarter.