Teucrium Sugar Fund (NYSEARCA:CANE) Trading Up 0.5% – Here’s Why

Teucrium Sugar Fund (NYSEARCA:CANE) shot up 0.5% during mid-day trading on Thursday . The company traded as high as $12.87 and last traded at $12.78. 119,199 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 36,628 shares. The stock had previously closed at $12.72.

Teucrium Sugar Fund Stock Up 0.0 %

The firm has a 50 day moving average of $12.24 and a 200-day moving average of $11.97.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Teucrium Sugar Fund stock. Cetera Advisors LLC purchased a new stake in Teucrium Sugar Fund (NYSEARCA:CANE) during the first quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,735 shares of the company’s stock, valued at approximately $253,000. Cetera Advisors LLC owned approximately 1.73% of Teucrium Sugar Fund as of its most recent filing with the SEC.

Teucrium Sugar Fund Company Profile

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.