Destiny Tech100 (NYSE:DXYZ) Shares Down 3.7% – Time to Sell?

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) fell 3.7% on Wednesday . The company traded as low as $30.36 and last traded at $30.4490. 910,612 shares changed hands during trading, an increase of 21% from the average session volume of 750,720 shares. The stock had previously closed at $31.62.

Destiny Tech100 Stock Performance

The firm’s 50-day simple moving average is $26.50 and its 200 day simple moving average is $29.07.

Institutional Trading of Destiny Tech100

Hedge funds have recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. raised its holdings in shares of Destiny Tech100 by 44.4% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 3,900 shares of the company’s stock worth $148,000 after purchasing an additional 1,200 shares during the period. Raymond James Financial Inc. purchased a new position in Destiny Tech100 in the 2nd quarter valued at about $47,000. Farther Finance Advisors LLC purchased a new stake in Destiny Tech100 during the 3rd quarter worth approximately $47,000. Global Retirement Partners LLC raised its holdings in Destiny Tech100 by 992.1% in the third 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. Finally, Private Advisor Group LLC increased its holdings in Destiny Tech100 by 40.5% in the third quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock valued at $324,000 after buying an additional 4,384 shares during the last quarter.