Teucrium Wheat Fund (NYSEARCA:WEAT – Get Free Report) rose 0.4% during mid-day trading on Tuesday . The stock traded as high as $24.67 and last traded at $24.62. 491,076 shares traded hands during trading, a decline of 28% from the average session volume of 680,306 shares. The stock had previously closed at $24.52.
Teucrium Wheat Fund Stock Performance
The business has a 50 day moving average price of $23.42 and a 200-day moving average price of $22.70.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. PenderFund Capital Management Ltd. acquired a new stake in Teucrium Wheat Fund in the third quarter valued at $14,303,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of Teucrium Wheat Fund during the 1st quarter worth $2,610,000. Royal Bank of Canada grew its stake in shares of Teucrium Wheat Fund by 9,855.7% during the 1st quarter. Royal Bank of Canada now owns 100,055 shares of the company’s stock worth $2,358,000 after purchasing an additional 99,050 shares during the period. Teucrium Investment Advisors LLC purchased a new position in shares of Teucrium Wheat Fund in the 4th quarter valued at about $1,577,000. Finally, Militia Capital Management LLC purchased a new position in shares of Teucrium Wheat Fund in the 1st quarter valued at about $1,843,000.
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%.
Further Reading
- Five stocks we like better than Teucrium Wheat Fund
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Teucrium Wheat Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teucrium Wheat Fund and related companies with MarketBeat.com's FREE daily email newsletter.
