Destiny Tech100 (NYSE:DXYZ) Shares Down 1.5% – Time to Sell?

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) dropped 1.5% during mid-day trading on Thursday . The company traded as low as $29.11 and last traded at $30.31. Approximately 1,867,194 shares changed hands during mid-day trading, an increase of 155% from the average daily volume of 730,886 shares. The stock had previously closed at $30.77.

Destiny Tech100 Stock Down 1.5%

The company has a fifty day moving average of $25.51 and a 200 day moving average of $29.76.

Hedge Funds Weigh In On Destiny Tech100

Several institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in shares of Destiny Tech100 in the third quarter worth approximately $47,000. Raymond James Financial Inc. bought a new position in Destiny Tech100 in the second quarter worth approximately $47,000. Global Retirement Partners LLC raised its position in Destiny Tech100 by 992.1% in the third quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock worth $88,000 after acquiring an additional 3,770 shares during the period. Creative Financial Designs Inc. ADV purchased a new position in shares of Destiny Tech100 during the 3rd quarter worth $112,000. Finally, Hazlett Burt & Watson Inc. grew its position in shares of Destiny Tech100 by 44.4% during the 2nd 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 period.