Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Up 1.2% – Still a Buy?

Shares of Teucrium Sugar Fund (NYSEARCA:CANE) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $12.99 and last traded at $12.99. 46,594 shares were traded during trading, an increase of 18% from the average session volume of 39,322 shares. The stock had previously closed at $12.84.

Teucrium Sugar Fund Stock Up 1.2 %

The business has a fifty day moving average price of $12.65 and a 200-day moving average price of $11.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Teucrium Sugar Fund stock. Cetera Advisors LLC bought a new stake in shares of Teucrium Sugar Fund (NYSEARCA:CANE) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,735 shares of the company’s stock, valued at approximately $253,000. Cetera Advisors LLC owned 1.73% of Teucrium Sugar Fund at the end of the most recent reporting period.

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.