Destiny Tech100 (NYSE:DXYZ) Shares Up 1.2% – Still a Buy?

Destiny Tech100 Inc. (NYSE:DXYZ) shot up 1.2% during mid-day trading on Wednesday . The company traded as high as $30.56 and last traded at $30.4570. 1,094,254 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 1,355,453 shares. The stock had previously closed at $30.10.

Destiny Tech100 Trading Up 1.2%

The firm’s fifty day simple moving average is $27.33 and its 200 day simple moving average is $28.42.

Hedge Funds Weigh In On Destiny Tech100

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DXYZ. Hazlett Burt & Watson Inc. increased its stake in 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 acquiring an additional 1,200 shares during the last quarter. Harbour Investments Inc. grew its holdings in shares of Destiny Tech100 by 312.5% in the second quarter. Harbour Investments Inc. now owns 6,542 shares of the company’s stock valued at $249,000 after purchasing an additional 4,956 shares in the last quarter. Cresset Asset Management LLC bought a new stake in Destiny Tech100 in the second quarter worth $221,000. Raymond James Financial Inc. purchased a new stake in Destiny Tech100 during the second quarter valued at $47,000. Finally, Visionary Wealth Advisors purchased a new stake in Destiny Tech100 during the second quarter valued at $239,000.