Teucrium Corn Fund (NYSEARCA:CORN – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $18.33 and traded as low as $18.18. Teucrium Corn Fund shares last traded at $18.42, with a volume of 559,890 shares.
Teucrium Corn Fund Stock Performance
The firm has a 50 day moving average of $19.21 and a two-hundred day moving average of $18.33.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Group One Trading LLC raised its holdings in shares of Teucrium Corn Fund by 17,597.2% in the first quarter. Group One Trading LLC now owns 462,606 shares of the exchange traded fund’s stock valued at $8,512,000 after buying an additional 459,992 shares during the last quarter. Cetera Investment Advisers grew its holdings in Teucrium Corn Fund by 1,143.0% in the first quarter. Cetera Investment Advisers now owns 164,961 shares of the exchange traded fund’s stock valued at $3,035,000 after purchasing an additional 151,690 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new position in Teucrium Corn Fund during the first quarter worth about $2,445,000. Roan Capital Partners purchased a new stake in Teucrium Corn Fund in the 2nd quarter valued at approximately $901,000. Finally, Militia Capital Partners LP purchased a new stake in shares of Teucrium Corn Fund in the fourth quarter valued at $865,000.
Teucrium Corn Fund Company Profile
Teucrium Corn Fund (the Fund) is a commodity pool that is a series of Teucrium Commodity Trust (Trust), a Delaware statutory trust. It will issue common units representing fractional undivided beneficial interests in such Fund, called Shares. The investment objective of the Fund is to have the daily changes in percentage terms of the shares net asset value reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (Corn Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), including the second to expire CBOT Corn Futures Contract, weighted 35%, the third-to-expire CBOT Corn Futures Contract, weighted 30%, and the CBOT Corn Futures Contract, weighted 35%.
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