Destiny Tech100 Target of Unusually Large Options Trading (NYSE:DXYZ)

Destiny Tech100 Inc. (NYSE:DXYZ) was the recipient of some unusual options trading activity on Tuesday. Investors acquired 9,543 put options on the company. This is an increase of 45% compared to the typical volume of 6,603 put options.

Destiny Tech100 Price Performance

Shares of DXYZ opened at $28.71 on Thursday. Destiny Tech100 has a 1-year low of $19.71 and a 1-year high of $72.87. The firm has a fifty day moving average price of $40.48 and a 200 day moving average price of $33.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in shares of Destiny Tech100 by 120.0% during the first quarter. NewEdge Advisors LLC now owns 1,582 shares of the company’s stock worth $42,000 after acquiring an additional 863 shares during the period. Genesis Financial Group LLC increased its stake in shares of Destiny Tech100 by 50.0% during the first quarter. Genesis Financial Group LLC now owns 15,000 shares of the company’s stock worth $402,000 after acquiring an additional 5,000 shares during the period. Royal Bank of Canada increased its stake in shares of Destiny Tech100 by 131.4% during the first quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock worth $38,000 after acquiring an additional 817 shares during the period. Cetera Investment Advisers increased 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 acquiring an additional 134,638 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Destiny Tech100 by 36.7% during the first quarter. PNC Financial Services Group Inc. now owns 6,962 shares of the company’s stock worth $186,000 after acquiring an additional 1,870 shares during the period.