Teucrium Wheat Fund Sees Unusually High Options Volume (NYSEARCA:WEAT)

Teucrium Wheat Fund (NYSEARCA:WEAT) was the target of some unusual options trading activity on Friday. Stock traders bought 14,969 call options on the stock. This is an increase of 124% compared to the average daily volume of 6,684 call options.

Institutional Trading of Teucrium Wheat Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Teucrium Wheat Fund in the 3rd quarter worth $29,000. US Bancorp DE acquired a new stake in Teucrium Wheat Fund in the third quarter worth about $41,000. JPMorgan Chase & Co. purchased a new stake in shares of Teucrium Wheat Fund during the second quarter worth about $66,000. Osaic Holdings Inc. increased its holdings in shares of Teucrium Wheat Fund by 14.2% during the second quarter. Osaic Holdings Inc. now owns 22,725 shares of the company’s stock valued at $101,000 after acquiring an additional 2,823 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Teucrium Wheat Fund by 26.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,288 shares of the company’s stock valued at $166,000 after acquiring an additional 1,747 shares in the last quarter.

Teucrium Wheat Fund Stock Up 3.0%

Shares of Teucrium Wheat Fund stock traded up $0.81 on Friday, reaching $28.03. The stock had a trading volume of 745,559 shares, compared to its average volume of 668,249. The company has a 50 day moving average price of $24.12 and a 200 day moving average price of $23.34. Teucrium Wheat Fund has a 1 year low of $19.78 and a 1 year high of $28.19.

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%.