Teucrium Corn Fund (NYSEARCA:CORN) Stock Price Passes Below Two Hundred Day Moving Average of $21.24

Teucrium Corn Fund (NYSEARCA:CORN)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.24 and traded as low as $19.53. Teucrium Corn Fund shares last traded at $20.18, with a volume of 150,326 shares.

Teucrium Corn Fund Trading Up 3.3 %

The company has a 50 day moving average price of $19.91 and a 200 day moving average price of $21.24.

Institutional Investors Weigh In On Teucrium Corn Fund

Large investors have recently modified their holdings of the stock. UBS Group AG raised its position in Teucrium Corn Fund by 909.2% in the second quarter. UBS Group AG now owns 1,100 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 991 shares in the last quarter. Worth Asset Management LLC purchased a new position in Teucrium Corn Fund in the first quarter worth $41,000. Royal Bank of Canada raised its position in Teucrium Corn Fund by 208.3% in the first quarter. Royal Bank of Canada now owns 1,480 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 1,000 shares in the last quarter. Fortis Capital Advisors LLC purchased a new position in Teucrium Corn Fund in the fourth quarter worth $118,000. Finally, U S Global Investors Inc. purchased a new position in Teucrium Corn Fund in the third quarter worth $97,000.

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%.