Destiny Tech100 (NYSE:DXYZ) Stock Price Down 1.5% – Should You Sell?

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

Destiny Tech100 Trading Down 1.5%

The firm has a fifty day moving average price of $25.51 and a two-hundred day moving average price of $29.76.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DXYZ. Farther Finance Advisors LLC purchased a new stake in shares of Destiny Tech100 during the third quarter valued at approximately $47,000. Raymond James Financial Inc. purchased a new stake in shares of Destiny Tech100 during the second quarter valued at $47,000. Global Retirement Partners LLC boosted its position in shares of Destiny Tech100 by 992.1% during the third quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock valued at $88,000 after buying an additional 3,770 shares during the last quarter. Creative Financial Designs Inc. ADV bought a new stake in Destiny Tech100 in the 3rd quarter worth about $112,000. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of 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 purchasing an additional 1,200 shares during the last quarter.