Destiny Tech100 (NYSE:DXYZ) Trading Down 3.6% – What’s Next?

Destiny Tech100 Inc. (NYSE:DXYZ)’s share price dropped 3.6% during mid-day trading on Thursday . The company traded as low as $26.80 and last traded at $27.75. Approximately 2,927,836 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 3,042,755 shares. The stock had previously closed at $28.79.

Destiny Tech100 Trading Down 3.6%

The company has a 50 day moving average of $40.48 and a 200-day moving average of $33.10.

Institutional Trading of Destiny Tech100

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