Teucrium Corn Fund (NYSEARCA:CORN) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Teucrium Corn Fund (NYSEARCA:CORN)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.88 and traded as low as $18.00. Teucrium Corn Fund shares last traded at $18.11, with a volume of 52,378 shares.

Teucrium Corn Fund Trading Down 0.1%

The business has a fifty day simple moving average of $18.83 and a two-hundred day simple moving average of $18.88.

Hedge Funds Weigh In On Teucrium Corn Fund

Large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. acquired a new position in shares of Teucrium Corn Fund during the fourth quarter worth $26,000. Harbour Investments Inc. acquired a new position in shares of Teucrium Corn Fund in the 1st quarter valued at $40,000. Comerica Bank acquired a new position in shares of Teucrium Corn Fund in the 4th quarter valued at $60,000. JPMorgan Chase & Co. increased its position in shares of Teucrium Corn Fund by 26.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,675 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 1,606 shares during the period. Finally, Mutual Advisors LLC acquired a new position in shares of Teucrium Corn Fund in the 4th quarter valued at $193,000.

About Teucrium Corn Fund

Teucrium Corn Fund (the Fund) is a commodity pool that is a series of Teucrium Commodity Trust (Trust), a Delaware statutory trust. It will issue common units representing fractional undivided beneficial interests in such Fund, called Shares. The investment objective of the Fund is to have the daily changes in percentage terms of the shares net asset value reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (Corn Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), including the second to expire CBOT Corn Futures Contract, weighted 35%, the third-to-expire CBOT Corn Futures Contract, weighted 30%, and the CBOT Corn Futures Contract, weighted 35%.