Teucrium Wheat Fund (NYSEARCA:WEAT – Get Free Report) traded up 0.2% during mid-day trading on Thursday. The company traded as high as $22.29 and last traded at $22.17. 869,313 shares were traded during trading, an increase of 35% from the average daily volume of 641,780 shares. The stock had previously closed at $22.12.
Teucrium Wheat Fund Stock Up 0.1%
The company’s 50 day simple moving average is $25.20 and its 200 day simple moving average is $23.50.
Institutional Trading of Teucrium Wheat Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Teucrium Wheat Fund during the first quarter worth about $2,610,000. Royal Bank of Canada grew its holdings in Teucrium Wheat Fund by 9,855.7% during the 1st quarter. Royal Bank of Canada now owns 100,055 shares of the company’s stock valued at $2,358,000 after purchasing an additional 99,050 shares in the last quarter. Militia Capital Management LLC acquired a new position in shares of Teucrium Wheat Fund in the first quarter worth about $1,843,000. Cetera Investment Advisers acquired a new position in shares of Teucrium Wheat Fund in the 1st quarter valued at approximately $974,000. Finally, Sigma Planning Corp acquired a new position in Teucrium Wheat Fund during the 1st quarter worth $527,000.
Teucrium Wheat Fund Company Profile
Teucrium Wheat Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Fund provides investors unleveraged direct exposure to wheat without the need for a futures account. The investment objective of the Fund is to have the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for wheat (Wheat Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), which includes the second-to-expire CBOT Wheat Futures Contract, weighted 35%; the third-to-expire CBOT Wheat Futures Contract, weighted 30%, and the CBOT Wheat Futures Contract, weighted 35%.
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