Teucrium Corn Fund (NYSEARCA:CORN) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Teucrium Corn Fund (NYSEARCA:CORN)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.93 and traded as low as $17.41. Teucrium Corn Fund shares last traded at $17.46, with a volume of 46,206 shares trading hands.

Teucrium Corn Fund Trading Down 0.6%

The firm has a fifty day moving average of $17.48 and a 200-day moving average of $17.93.

Hedge Funds Weigh In On Teucrium Corn Fund

Several hedge funds and other institutional investors have recently bought and sold shares of CORN. Flow Traders U.S. LLC raised its holdings in Teucrium Corn Fund by 140.5% during the first quarter. Flow Traders U.S. LLC now owns 95,694 shares of the exchange traded fund’s stock worth $1,776,000 after purchasing an additional 55,898 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in Teucrium Corn Fund during the second quarter worth $407,000. Cetera Investment Advisers raised its holdings in Teucrium Corn Fund by 117.5% during the first quarter. Cetera Investment Advisers now owns 27,226 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 14,707 shares during the last quarter. Group One Trading LLC raised 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 purchasing an additional 13,250 shares during the last quarter. Finally, Harbour Investments Inc. acquired a new position in Teucrium Corn Fund during the first quarter worth $40,000.

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%.