Teucrium Corn Fund (NYSEARCA:CORN) Shares Pass Below 200-Day Moving Average of $22.12

Teucrium Corn Fund (NYSEARCA:CORNGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.12 and traded as low as $20.40. Teucrium Corn Fund shares last traded at $20.53, with a volume of 29,077 shares trading hands.

Teucrium Corn Fund Price Performance

The stock’s 50 day moving average price is $21.36 and its two-hundred day moving average price is $22.12.

Institutional Investors Weigh In On Teucrium Corn Fund

Several large investors have recently made changes to their positions in CORN. Cambridge Investment Research Advisors Inc. acquired a new position in Teucrium Corn Fund during the 1st quarter valued at about $334,000. Worth Asset Management LLC acquired a new stake in shares of Teucrium Corn Fund in the 1st quarter valued at approximately $41,000. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Corn Fund in the 1st quarter valued at approximately $1,383,000. Frontier Wealth Management LLC acquired a new stake in shares of Teucrium Corn Fund in the 1st quarter valued at approximately $251,000. Finally, Royal Bank of Canada raised its position in shares of Teucrium Corn Fund by 208.3% in the 1st quarter. Royal Bank of Canada now owns 1,480 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,000 shares during the period.

Teucrium Corn Fund Company Profile

(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%.

Further Reading

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