Teucrium Sugar Fund (NYSEARCA:CANE) Shares Climb 3.1% – Here’s What Happened

Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report)’s stock price was up 3.1% during trading on Monday. The company traded as high as $12.20 and last traded at $12.19. Approximately 556,130 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 386,060 shares. The stock had previously closed at $11.82.

Teucrium Sugar Fund Stock Performance

The company has a 50 day simple moving average of $11.04 and a two-hundred day simple moving average of $10.22.

Hedge Funds Weigh In On Teucrium Sugar Fund

Several large investors have recently modified their holdings of the stock. Cetera Investment Advisers bought a new stake in Teucrium Sugar Fund in the first quarter worth $1,466,000. Group One Trading LLC raised its stake in shares of Teucrium Sugar Fund by 360.8% in the first quarter. Group One Trading LLC now owns 45,615 shares of the company’s stock valued at $476,000 after acquiring an additional 35,715 shares during the period. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Teucrium Sugar Fund in the 1st quarter worth about $25,000.

About Teucrium Sugar Fund

(Get Free Report)

Teucrium Sugar Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Teucrium Sugar Fund provides investors unleveraged direct exposure to sugar 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 sugar (Sugar Futures Contracts) that are traded on ICE Futures US (ICE Futures), which includes the second-to-expire Sugar No.

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