Destiny Tech100 (NYSE:DXYZ) Trading Down 8.4% – Here’s Why
by Jessica Moore · The Cerbat GemShares of Destiny Tech100 Inc. (NYSE:DXYZ – Get Free Report) traded down 8.4% during mid-day trading on Tuesday . The stock traded as low as $46.56 and last traded at $48.5540. 5,159,236 shares were traded during mid-day trading, an increase of 137% from the average session volume of 2,174,763 shares. The stock had previously closed at $53.00.
Destiny Tech100 Price Performance
The firm has a 50 day moving average of $34.01 and a 200-day moving average of $30.32.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its stake in shares of 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 acquiring an additional 332 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Destiny Tech100 by 131.4% in the 1st quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock valued at $38,000 after acquiring an additional 817 shares during the last quarter. Sunbelt Securities Inc. bought a new position in shares of Destiny Tech100 in the 4th quarter valued at $28,000. CWM LLC bought a new position in shares of Destiny Tech100 in the 4th quarter valued at $37,000. Finally, Raymond James Financial Inc. bought a new position in shares of Destiny Tech100 in the 2nd quarter valued at $47,000.