Destiny Tech100 (NYSE:DXYZ) Trading Up 19.6% – Here’s Why

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) shot up 19.6% during trading on Wednesday . The stock traded as high as $35.61 and last traded at $35.4520. 3,338,198 shares changed hands during mid-day trading, an increase of 155% from the average session volume of 1,307,767 shares. The stock had previously closed at $29.64.

Destiny Tech100 Price Performance

The stock’s 50-day simple moving average is $28.58 and its 200-day simple moving average is $27.89.

Institutional Investors Weigh In On Destiny Tech100

Large investors have recently made changes to their positions in the business. AA Financial Advisors LLC purchased a new stake in shares of Destiny Tech100 during the 4th quarter worth approximately $2,144,000. UBS Group AG lifted its stake in Destiny Tech100 by 45.3% in the third quarter. UBS Group AG now owns 29,639 shares of the company’s stock valued at $631,000 after purchasing an additional 9,241 shares during the last quarter. Private Advisor Group LLC grew its holdings in Destiny Tech100 by 40.5% during the third quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock valued at $324,000 after purchasing an additional 4,384 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in Destiny Tech100 in the fourth quarter worth $391,000. Finally, Genesis Financial Group LLC bought a new stake in shares of Destiny Tech100 in the fourth quarter valued at $306,000.