Destiny Tech100 (NYSE:DXYZ) Stock Price Down 3.9% – Here’s Why

Destiny Tech100 Inc. (NYSE:DXYZ)’s stock price dropped 3.9% during trading on Thursday . The stock traded as low as $26.84 and last traded at $27.0730. Approximately 1,098,217 shares were traded during trading, a decline of 19% from the average daily volume of 1,360,330 shares. The stock had previously closed at $28.16.

Destiny Tech100 Stock Performance

The stock’s 50 day moving average is $27.13 and its two-hundred day moving average is $28.78.

Institutional Investors Weigh In On Destiny Tech100

Several institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Destiny Tech100 during the 2nd quarter worth approximately $47,000. Farther Finance Advisors LLC purchased a new stake in shares of Destiny Tech100 during the 3rd quarter valued at $47,000. Global Retirement Partners LLC increased its stake in Destiny Tech100 by 992.1% during the third quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock worth $88,000 after acquiring an additional 3,770 shares during the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in Destiny Tech100 during the 3rd quarter worth approximately $112,000. Finally, Hazlett Burt & Watson Inc. raised its stake 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 valued at $148,000 after acquiring an additional 1,200 shares during the period.