Destiny Tech100 (NYSE:DXYZ) Shares Down 2.9% – Here’s Why

Destiny Tech100 Inc. (NYSE:DXYZ)’s share price traded down 2.9% during trading on Wednesday . The stock traded as low as $51.10 and last traded at $51.8740. 6,473,083 shares changed hands during mid-day trading, an increase of 223% from the average session volume of 2,004,343 shares. The stock had previously closed at $53.40.

Destiny Tech100 Trading Down 2.9%

The firm has a fifty day moving average price of $30.67 and a two-hundred day moving average price of $29.06.

Institutional Trading of Destiny Tech100

Institutional investors and hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. purchased a new stake in shares of Destiny Tech100 during the fourth quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised its holdings in Destiny Tech100 by 51.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock worth $26,000 after acquiring an additional 332 shares during the last quarter. CWM LLC purchased a new position in Destiny Tech100 in the 4th quarter worth approximately $37,000. Raymond James Financial Inc. bought a new position in Destiny Tech100 in the 2nd quarter valued at approximately $47,000. Finally, Clearstead Trust LLC bought a new position in Destiny Tech100 in the 4th quarter valued at approximately $42,000.