Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Up 2.1%

Teucrium Wheat Fund (NYSEARCA:WEATGet Free Report)’s share price traded up 2.1% during mid-day trading on Thursday . The stock traded as high as $5.37 and last traded at $5.30. 728,082 shares changed hands during trading, an increase of 6% from the average session volume of 688,816 shares. The stock had previously closed at $5.19.

Teucrium Wheat Fund Trading Down 2.6 %

The company has a fifty day moving average of $5.82 and a 200-day moving average of $5.62.

Institutional Investors Weigh In On Teucrium Wheat Fund

Institutional investors have recently bought and sold shares of the stock. U S Global Investors Inc. purchased a new position in Teucrium Wheat Fund in the fourth quarter worth $39,000. Mason & Associates Inc purchased a new position in Teucrium Wheat Fund in the first quarter worth $258,000. Verity Asset Management Inc. lifted its position in shares of Teucrium Wheat Fund by 39.4% during the 1st quarter. Verity Asset Management Inc. now owns 62,023 shares of the company’s stock valued at $336,000 after buying an additional 17,521 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Teucrium Wheat Fund during the 4th quarter valued at $390,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Teucrium Wheat Fund during the 4th quarter valued at $440,000.

Teucrium Wheat Fund Company Profile

(Get Free Report)

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

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.