FirstWave Capital Management LLC Takes $1.73 Million Position in Destiny Tech100 Inc. $DXYZ

FirstWave Capital Management LLC purchased a new position in shares of Destiny Tech100 Inc. (NYSE:DXYZ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 67,104 shares of the company’s stock, valued at approximately $1,729,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cetera Investment Advisers lifted its position in Destiny Tech100 by 403.9% in the first quarter. Cetera Investment Advisers now owns 167,973 shares of the company’s stock valued at $4,498,000 after buying an additional 134,638 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Destiny Tech100 during the fourth quarter valued at about $743,000. Kestra Advisory Services LLC raised its stake in shares of Destiny Tech100 by 157.8% in the 1st quarter. Kestra Advisory Services LLC now owns 140,185 shares of the company’s stock valued at $3,754,000 after acquiring an additional 85,803 shares during the period. Kestra Private Wealth Services LLC acquired a new position in shares of Destiny Tech100 in the 1st quarter worth approximately $645,000. Finally, Noble Wealth Management PBC increased its holdings in Destiny Tech100 by 13,239.0% in the 2nd quarter. Noble Wealth Management PBC now owns 40,017 shares of the company’s stock valued at $1,031,000 after purchasing an additional 39,717 shares during the last quarter.

Destiny Tech100 Price Performance

Shares of NYSE DXYZ opened at $32.60 on Friday. Destiny Tech100 Inc. has a 52-week low of $19.71 and a 52-week high of $72.87. The business’s 50 day moving average is $27.98 and its two-hundred day moving average is $32.11.

Destiny Tech100 is an investment company that focuses on providing exposure to a portfolio of high-growth technology businesses. The company’s strategy is centered on identifying innovative private and public technology-related companies that it believes have significant long-term potential.

As a specialty investment vehicle, Destiny Tech100 is designed for investors seeking access to the technology sector through a diversified approach rather than through a single operating business.