Teucrium Corn Fund (NYSEARCA:CORN) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Teucrium Corn Fund (NYSEARCA:CORN)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $17.58 and traded as low as $17.42. Teucrium Corn Fund shares last traded at $17.50, with a volume of 80,328 shares.

Teucrium Corn Fund Stock Performance

The stock’s 50 day moving average is $17.67 and its two-hundred day moving average is $17.58.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Harbour Investments Inc. boosted its position in shares of Teucrium Corn Fund by 38.5% in the 2nd quarter. Harbour Investments Inc. now owns 3,019 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 839 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in Teucrium Corn Fund in the second quarter valued at about $407,000. Group One Trading LLC boosted its holdings in Teucrium Corn Fund by 633.7% during the second quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 13,250 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Teucrium Corn Fund during the third quarter worth about $322,000.

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%.