Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Down 0.6% – Should You Sell?

Teucrium Wheat Fund (NYSEARCA:WEAT)’s stock price traded down 0.6% during mid-day trading on Tuesday . The stock traded as low as $4.75 and last traded at $4.78. 820,696 shares were traded during trading, an increase of 4% from the average session volume of 789,269 shares. The stock had previously closed at $4.81.

Teucrium Wheat Fund Stock Down 0.6 %

The business has a 50 day simple moving average of $4.96 and a 200 day simple moving average of $4.99.

Hedge Funds Weigh In On Teucrium Wheat Fund

Several hedge funds and other institutional investors have recently modified their holdings of WEAT. Revisor Wealth Management LLC acquired a new position in shares of Teucrium Wheat Fund in the 4th quarter valued at $55,000. Jane Street Group LLC increased its holdings in shares of Teucrium Wheat Fund by 129.8% in the fourth quarter. Jane Street Group LLC now owns 158,263 shares of the company’s stock valued at $763,000 after purchasing an additional 89,390 shares during the period. IHT Wealth Management LLC raised its stake in shares of Teucrium Wheat Fund by 30.0% in the fourth quarter. IHT Wealth Management LLC now owns 26,000 shares of the company’s stock worth $125,000 after purchasing an additional 6,000 shares during the last quarter. Belpointe Asset Management LLC purchased a new position in shares of Teucrium Wheat Fund in the fourth quarter worth about $995,000. Finally, Fortis Capital Advisors LLC acquired a new stake in shares of Teucrium Wheat Fund during the fourth quarter worth about $995,000.

Teucrium Wheat Fund Company Profile

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%.