Key Points
- COO Ethan Silver purchased 753 shares of Destiny Tech100 at an average price of $33.19, for a total investment of $24,992.07. The purchase was disclosed in an SEC filing and represents his direct ownership in the company.
- DXYZ opened at $32.03, with a 50-day moving average of $28.59 and a 200-day moving average of $32.24. The stock has traded between $19.71 and $72.87 over the past year.
- Several institutional investors increased their positions, including Jane Street Group, Cetera Investment Advisers, and Kestra Advisory Services; FirstWave Capital Management also initiated a new position.
Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) COO Ethan Silver bought 753 shares of Destiny Tech100 stock in a transaction dated Monday, August 31st. The stock was purchased at an average cost of $33.19 per share, with a total value of $24,992.07. Following the completion of the acquisition, the chief operating officer directly owned 753 shares in the company, valued at approximately $24,992.07. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Destiny Tech100 Price Performance
DXYZ stock opened at $32.03 on Friday. The business has a 50 day simple moving average of $28.59 and a 200-day simple moving average of $32.24. Destiny Tech100 Inc. has a twelve month low of $19.71 and a twelve month high of $72.87.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its stake in Destiny Tech100 by 278.8% in the fourth quarter. Jane Street Group LLC now owns 377,545 shares of the company's stock valued at $11,564,000 after purchasing an additional 277,866 shares during the period. Cetera Investment Advisers boosted its stake in shares of Destiny Tech100 by 403.9% during the first quarter. Cetera Investment Advisers now owns 167,973 shares of the company's stock worth $4,498,000 after buying an additional 134,638 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of Destiny Tech100 by 157.8% during the first quarter. Kestra Advisory Services LLC now owns 140,185 shares of the company's stock worth $3,754,000 after buying an additional 85,803 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Destiny Tech100 by 5.3% during the fourth quarter. LPL Financial LLC now owns 71,993 shares of the company's stock worth $2,205,000 after buying an additional 3,636 shares during the last quarter. Finally, FirstWave Capital Management LLC purchased a new position in shares of Destiny Tech100 during the second quarter worth about $1,729,000.
Destiny Tech100 is an investment company that focuses on providing exposure to a portfolio of high-growth technology businesses. The company’s strategy is centered on identifying innovative private and public technology-related companies that it believes have significant long-term potential.
As a specialty investment vehicle, Destiny Tech100 is designed for investors seeking access to the technology sector through a diversified approach rather than through a single operating business.
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