Destiny Tech100 (NYSE:DXYZ) Trading Up 5.5% – Time to Buy?

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) shot up 5.5% during mid-day trading on Monday . The stock traded as high as $30.50 and last traded at $30.3510. 1,721,206 shares were traded during mid-day trading, an increase of 21% from the average session volume of 1,427,631 shares. The stock had previously closed at $28.76.

Destiny Tech100 Price Performance

The company has a fifty day moving average price of $27.23 and a 200-day moving average price of $28.48.

Institutional Trading of Destiny Tech100

Several hedge funds have recently modified their holdings of DXYZ. Hazlett Burt & Watson Inc. boosted 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 last quarter. Raymond James Financial Inc. bought a new position in Destiny Tech100 during the second quarter valued at $47,000. Farther Finance Advisors LLC bought a new position in Destiny Tech100 during the third quarter valued at $47,000. Global Retirement Partners LLC grew its stake in shares of Destiny Tech100 by 992.1% in the 3rd quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock worth $88,000 after buying an additional 3,770 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Destiny Tech100 by 40.5% in the 3rd quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock worth $324,000 after buying an additional 4,384 shares during the last quarter.