Teucrium Corn Fund (NYSEARCA:CORN) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Teucrium Corn Fund (NYSEARCA:CORNGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.88 and traded as low as $18.00. Teucrium Corn Fund shares last traded at $18.11, with a volume of 52,378 shares trading hands.

Teucrium Corn Fund Stock Down 0.1%

The stock’s 50 day moving average is $18.83 and its two-hundred day moving average is $18.88.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in Teucrium Corn Fund in the 4th quarter worth approximately $26,000. Harbour Investments Inc. purchased a new position in Teucrium Corn Fund in the 1st quarter worth approximately $40,000. Comerica Bank purchased a new position in Teucrium Corn Fund in the 4th quarter worth approximately $60,000. JPMorgan Chase & Co. lifted its stake in Teucrium Corn Fund by 26.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,675 shares of the exchange traded fund’s stock worth $142,000 after purchasing an additional 1,606 shares in the last quarter. Finally, Mutual Advisors LLC purchased a new position in Teucrium Corn Fund in the 4th quarter worth approximately $193,000.

About Teucrium Corn Fund

(Get Free Report)

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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