Teucrium Corn Fund (NYSEARCA:CORN) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Teucrium Corn Fund (NYSEARCA:CORN) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.20 and traded as low as $17.55. Teucrium Corn Fund shares last traded at $17.58, with a volume of 30,027 shares.

Teucrium Corn Fund Trading Down 0.5%

The stock’s fifty day moving average price is $17.36 and its 200-day moving average price is $18.20.

Institutional Trading of Teucrium Corn Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. raised its stake in Teucrium Corn Fund by 38.5% during the 2nd quarter. Harbour Investments Inc. now owns 3,019 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 839 shares in the last quarter. Comerica Bank acquired a new stake in shares of Teucrium Corn Fund during the fourth quarter worth about $60,000. Group One Trading LLC lifted its holdings in shares of Teucrium Corn Fund by 633.7% in the 2nd quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 13,250 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Teucrium Corn Fund by 117.5% in the 1st quarter. Cetera Investment Advisers now owns 27,226 shares of the exchange traded fund’s stock valued at $505,000 after purchasing an additional 14,707 shares during the period. Finally, Rockefeller Capital Management L.P. purchased a new position in Teucrium Corn Fund during the 2nd quarter worth approximately $407,000.

Teucrium Corn Fund Company Profile

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%.