Teucrium Wheat Fund (NYSEARCA:WEAT) Trading Up 3.8% – What’s Next?

Teucrium Wheat Fund (NYSEARCA:WEAT) shares rose 3.8% during mid-day trading on Tuesday . The company traded as high as $4.95 and last traded at $4.93. Approximately 1,740,884 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 947,714 shares. The stock had previously closed at $4.75.

Teucrium Wheat Fund Price Performance

The firm has a 50-day moving average of $4.81 and a two-hundred day moving average of $5.01.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WEAT. IHT Wealth Management LLC acquired a new position in shares of Teucrium Wheat Fund in the third quarter valued at approximately $105,000. Flow Traders U.S. LLC purchased a new position in Teucrium Wheat Fund in the 3rd quarter valued at approximately $363,000. Finally, Atlas Financial Advisors Inc. acquired a new position in shares of Teucrium Wheat Fund in the third quarter worth $423,000.

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%.