Teucrium Corn Fund (NYSEARCA:CORN) Stock Passes Below 200-Day Moving Average of $21.04

Shares of Teucrium Corn Fund (NYSEARCA:CORN) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.04 and traded as low as $19.62. Teucrium Corn Fund shares last traded at $19.73, with a volume of 36,109 shares.

Teucrium Corn Fund Price Performance

The business’s 50-day simple moving average is $19.77 and its 200-day simple moving average is $21.04.

Institutional Investors Weigh In On Teucrium Corn Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. U S Global Investors Inc. bought a new position in shares of Teucrium Corn Fund during the 3rd quarter valued at $97,000. GTS Securities LLC bought a new position in shares of Teucrium Corn Fund during the 2nd quarter valued at $663,000. Anfield Capital Management LLC raised its holdings in shares of Teucrium Corn Fund by 6.9% during the 1st quarter. Anfield Capital Management LLC now owns 81,830 shares of the exchange traded fund’s stock valued at $2,065,000 after purchasing an additional 5,253 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Teucrium Corn Fund by 128.4% during the 1st quarter. Jane Street Group LLC now owns 58,666 shares of the exchange traded fund’s stock valued at $1,480,000 after purchasing an additional 32,981 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Teucrium Corn Fund by 18.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 12,462 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 1,910 shares in the last quarter.

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%.