Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Down 0.6% – What’s Next?

Shares of Teucrium Wheat Fund (NYSEARCA:WEAT) were down 0.6% on Tuesday . The company traded as low as $4.75 and last traded at $4.78. Approximately 820,696 shares changed hands during trading, an increase of 4% from the average daily volume of 789,269 shares. The stock had previously closed at $4.81.

Teucrium Wheat Fund Stock Performance

The stock has a 50 day moving average of $4.96 and a 200-day moving average of $4.99.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Revisor Wealth Management LLC purchased a new position in Teucrium Wheat Fund in the 4th quarter worth approximately $55,000. IHT Wealth Management LLC purchased a new position in shares of Teucrium Wheat Fund in the third quarter worth $105,000. Flow Traders U.S. LLC purchased a new position in shares of Teucrium Wheat Fund in the third quarter worth $363,000. Verity Asset Management Inc. boosted its position in shares of Teucrium Wheat Fund by 20.9% during the fourth quarter. Verity Asset Management Inc. now owns 78,194 shares of the company’s stock worth $377,000 after acquiring an additional 13,537 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Teucrium Wheat Fund by 129.8% during the fourth quarter. Jane Street Group LLC now owns 158,263 shares of the company’s stock valued at $763,000 after acquiring an additional 89,390 shares in the last quarter.

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%.