Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Down 0.5% – Should You Sell?

Shares of Teucrium Wheat Fund (NYSEARCA:WEATGet Free Report) fell 0.5% during trading on Monday . The stock traded as low as $20.65 and last traded at $20.74. 98,092 shares were traded during trading, a decline of 42% from the average session volume of 169,755 shares. The stock had previously closed at $20.84.

Teucrium Wheat Fund Stock Down 0.3%

The stock’s 50 day moving average price is $20.89 and its 200 day moving average price is $21.66.

Hedge Funds Weigh In On Teucrium Wheat Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. increased its stake in Teucrium Wheat Fund by 32.1% in the second quarter. Harbour Investments Inc. now owns 11,526 shares of the company’s stock valued at $51,000 after acquiring an additional 2,801 shares during the period. Osaic Holdings Inc. boosted its position in shares of Teucrium Wheat Fund by 14.2% during the second quarter. Osaic Holdings Inc. now owns 22,725 shares of the company’s stock worth $101,000 after buying an additional 2,823 shares during the period. Pin Oak Investment Advisors Inc. bought a new position in shares of Teucrium Wheat Fund in the third quarter valued at $29,000. US Bancorp DE bought a new stake in Teucrium Wheat Fund in the 3rd quarter valued at $41,000. Finally, Vawter Financial Ltd. bought a new stake in shares of Teucrium Wheat Fund during the third quarter worth approximately $44,000.

Teucrium Wheat Fund Company Profile

(Get Free Report)

Teucrium Wheat Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Fund provides investors unleveraged direct exposure to wheat 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 wheat (Wheat Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), which includes the second-to-expire CBOT Wheat Futures Contract, weighted 35%; the third-to-expire CBOT Wheat Futures Contract, weighted 30%, and the CBOT Wheat Futures Contract, weighted 35%.

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