Teucrium Sugar Fund (NYSEARCA:CANE) Trading Up 1.1% – Here’s What Happened

Teucrium Sugar Fund (NYSEARCA:CANE)’s stock price was up 1.1% during trading on Friday . The stock traded as high as $9.78 and last traded at $9.75. Approximately 43,746 shares changed hands during trading, a decline of 7% from the average daily volume of 47,102 shares. The stock had previously closed at $9.64.

Teucrium Sugar Fund Trading Up 1.1%

The firm has a 50-day moving average of $9.64 and a 200 day moving average of $10.45.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Sugar Fund in the 3rd quarter valued at about $167,000. Citadel Advisors LLC acquired a new position in Teucrium Sugar Fund in the third quarter worth about $158,000. Belvedere Trading LLC bought a new stake in Teucrium Sugar Fund in the third quarter valued at about $122,000. Group One Trading LLC acquired a new stake in Teucrium Sugar Fund during the third quarter valued at approximately $105,000. Finally, Simplex Trading LLC acquired a new stake in Teucrium Sugar Fund during the first quarter valued at approximately $55,000.

About Teucrium Sugar Fund

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.