Destiny Tech100 (NYSE:DXYZ) Trading Up 15.5% – What’s Next?

Shares of Destiny Tech100 Inc. (NYSE:DXYZ) were up 15.5% during trading on Wednesday . The stock traded as high as $34.00 and last traded at $30.6220. Approximately 13,968,522 shares were traded during trading, an increase of 954% from the average daily volume of 1,325,560 shares. The stock had previously closed at $26.52.

Destiny Tech100 Stock Performance

The stock’s 50-day moving average is $28.82 and its 200-day moving average is $27.48.

Hedge Funds Weigh In On Destiny Tech100

Several institutional investors have recently made changes to their positions in DXYZ. Cresset Asset Management LLC bought a new position in shares of Destiny Tech100 during the 2nd quarter worth about $221,000. Raymond James Financial Inc. bought a new stake in Destiny Tech100 in the 2nd quarter valued at about $47,000. Visionary Wealth Advisors acquired a new position in Destiny Tech100 during the 2nd quarter worth approximately $239,000. Farther Finance Advisors LLC bought a new position in Destiny Tech100 in the third quarter worth approximately $47,000. Finally, Global Retirement Partners LLC boosted its holdings in Destiny Tech100 by 992.1% in 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 in the last quarter.