Teucrium Wheat Fund (NYSEARCA:WEAT) Trading Down 0.6% – Should You Sell?

Shares of Teucrium Wheat Fund (NYSEARCA:WEAT) dropped 0.6% on Tuesday . The stock traded as low as $4.75 and last traded at $4.78. Approximately 820,696 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 789,269 shares. The stock had previously closed at $4.81.

Teucrium Wheat Fund Trading Down 0.4 %

The stock’s fifty day moving average is $4.96 and its two-hundred day moving average is $4.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Revisor Wealth Management LLC acquired a new position in Teucrium Wheat Fund during the 4th quarter worth $55,000. IHT Wealth Management LLC bought a new position in Teucrium Wheat Fund during the 3rd quarter worth $105,000. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Wheat Fund in the 3rd quarter worth about $363,000. Verity Asset Management Inc. lifted its position in Teucrium Wheat Fund by 20.9% in the 4th quarter. Verity Asset Management Inc. now owns 78,194 shares of the company’s stock valued at $377,000 after purchasing an additional 13,537 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Teucrium Wheat Fund by 129.8% during the 4th quarter. Jane Street Group LLC now owns 158,263 shares of the company’s stock valued at $763,000 after purchasing an additional 89,390 shares during the period.

About Teucrium Wheat Fund

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%.