Teucrium Wheat Fund (NYSEARCA:WEAT) Stock Price Down 1.2% – Time to Sell?

Teucrium Wheat Fund (NYSEARCA:WEAT) shares were down 1.2% during trading on Monday . The stock traded as low as $21.86 and last traded at $21.91. Approximately 396,242 shares changed hands during trading, an increase of 75% from the average daily volume of 226,550 shares. The stock had previously closed at $22.17.

Teucrium Wheat Fund Stock Down 1.2%

The firm has a 50 day simple moving average of $20.52 and a two-hundred day simple moving average of $20.79.

Hedge Funds Weigh In On Teucrium Wheat Fund

Several institutional investors have recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. purchased a new position in Teucrium Wheat Fund during the 3rd quarter worth $29,000. US Bancorp DE acquired a new stake in Teucrium Wheat Fund in the third quarter valued at about $41,000. Vawter Financial Ltd. acquired a new position in Teucrium Wheat Fund during the 3rd quarter worth approximately $44,000. GK Wealth Management LLC purchased a new position in shares of Teucrium Wheat Fund during the 3rd quarter worth approximately $45,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Teucrium Wheat Fund during the 2nd quarter worth $66,000.

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%.