Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Up 0.1% – Should You Buy?

Shares of Teucrium Wheat Fund (NYSEARCA:WEATGet Free Report) were up 0.1% on Friday . The stock traded as high as $25.47 and last traded at $25.41. 385,285 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 657,674 shares. The stock had previously closed at $25.38.

Teucrium Wheat Fund Trading Up 0.1%

The company’s 50-day moving average price is $23.84 and its two-hundred day moving average price is $23.16.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Militia Capital Management LLC bought a new stake in shares of Teucrium Wheat Fund in the 1st quarter valued at about $1,843,000. Royal Bank of Canada grew its position in 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 acquiring an additional 99,050 shares during the last quarter. Compound Planning Inc. bought a new position in Teucrium Wheat Fund during the 1st quarter worth approximately $232,000. Cetera Investment Advisers purchased a new position in Teucrium Wheat Fund in the 1st quarter worth approximately $974,000. Finally, CVS HEALTH Corp purchased a new position in Teucrium Wheat Fund in the 1st quarter worth approximately $471,000.

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%.

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