Teucrium Corn Fund (NYSEARCA:CORN) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Teucrium Corn Fund (NYSEARCA:CORN)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.80 and traded as high as $17.99. Teucrium Corn Fund shares last traded at $17.76, with a volume of 149,053 shares.

Teucrium Corn Fund Trading Down 0.4%

The firm’s fifty day simple moving average is $17.43 and its 200 day simple moving average is $17.80.

Institutional Investors Weigh In On Teucrium Corn Fund

Institutional investors have recently modified their holdings of the company. Group One Trading LLC grew its stake in shares of Teucrium Corn Fund by 17,597.2% during the first quarter. Group One Trading LLC now owns 462,606 shares of the exchange traded fund’s stock worth $8,512,000 after purchasing an additional 459,992 shares in the last quarter. Cetera Investment Advisers raised its stake 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 buying an additional 151,690 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Teucrium Corn Fund in the first quarter valued at $2,445,000. Teucrium Investment Advisors LLC purchased a new stake in Teucrium Corn Fund during the 4th quarter worth about $1,582,000. Finally, Roan Capital Partners purchased a new stake in Teucrium Corn Fund during the 2nd quarter worth about $901,000.

About Teucrium Corn Fund

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%.