Destiny Tech100 (NYSE:DXYZ) Stock Price Down 2.3% – Here’s What Happened

Destiny Tech100 Inc. (NYSE:DXYZ)’s share price dropped 2.3% on Tuesday . The company traded as low as $31.32 and last traded at $31.46. Approximately 729,526 shares changed hands during trading, a decline of 48% from the average daily volume of 1,406,980 shares. The stock had previously closed at $32.20.

Destiny Tech100 Price Performance

The stock has a 50-day simple moving average of $30.50 and a 200-day simple moving average of $27.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DXYZ. Hazlett Burt & Watson Inc. boosted its holdings in shares of Destiny Tech100 by 44.4% in the second quarter. Hazlett Burt & Watson Inc. now owns 3,900 shares of the company’s stock worth $148,000 after acquiring an additional 1,200 shares during the period. Harbour Investments Inc. lifted its holdings in Destiny Tech100 by 312.5% during the 2nd quarter. Harbour Investments Inc. now owns 6,542 shares of the company’s stock worth $249,000 after purchasing an additional 4,956 shares in the last quarter. Cresset Asset Management LLC bought a new position in Destiny Tech100 in the 2nd quarter worth about $221,000. Raymond James Financial Inc. purchased a new position in Destiny Tech100 during the 2nd quarter valued at about $47,000. Finally, Visionary Wealth Advisors bought a new stake in shares of Destiny Tech100 during the second quarter valued at about $239,000.