Destiny Tech100 (NYSE:DXYZ) Trading 5.3% Higher – Still a Buy?

Destiny Tech100 Inc. (NYSE:DXYZ)’s stock price rose 5.3% during mid-day trading on Friday . The company traded as high as $31.20 and last traded at $30.82. Approximately 963,791 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 1,452,794 shares. The stock had previously closed at $29.28.

Destiny Tech100 Stock Up 5.3%

The firm has a fifty day simple moving average of $30.31 and a 200 day simple moving average of $27.81.

Hedge Funds Weigh In On Destiny Tech100

Several institutional investors and hedge funds have recently bought and sold shares of DXYZ. AA Financial Advisors LLC acquired a new position in shares of Destiny Tech100 in the 4th quarter valued at $2,144,000. UBS Group AG raised its position in shares of Destiny Tech100 by 45.3% in the 3rd quarter. UBS Group AG now owns 29,639 shares of the company’s stock worth $631,000 after buying an additional 9,241 shares during the period. Private Advisor Group LLC raised its position in shares of Destiny Tech100 by 40.5% in the 3rd quarter. Private Advisor Group LLC now owns 15,204 shares of the company’s stock worth $324,000 after buying an additional 4,384 shares during the period. Stratos Wealth Partners LTD. acquired a new position in Destiny Tech100 in the fourth quarter valued at $391,000. Finally, Genesis Financial Group LLC acquired a new position in Destiny Tech100 in the fourth quarter valued at $306,000.