Teucrium Corn Fund (NYSEARCA:CORN) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Teucrium Corn Fund (NYSEARCA:CORN)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $17.56 and traded as high as $18.73. Teucrium Corn Fund shares last traded at $18.20, with a volume of 1,103,100 shares trading hands.

Teucrium Corn Fund Stock Down 1.7%

The company has a 50 day moving average price of $17.56 and a 200 day moving average price of $17.66.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CORN. Teucrium Investment Advisors LLC acquired a new stake in shares of Teucrium Corn Fund during the fourth quarter valued at about $1,582,000. Militia Capital Partners LP acquired a new position in shares of Teucrium Corn Fund in the 4th quarter worth approximately $865,000. Rockefeller Capital Management L.P. acquired a new position in shares of Teucrium Corn Fund in the 2nd quarter worth approximately $407,000. Flow Traders U.S. LLC purchased a new position in shares of Teucrium Corn Fund during the 3rd quarter worth approximately $322,000. Finally, Group One Trading LLC boosted its position in shares of Teucrium Corn Fund by 633.7% during the 2nd quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 13,250 shares during the period.

Teucrium Corn Fund Company Profile

Teucrium Corn Fund (the Fund) is a commodity pool that is a series of Teucrium Commodity Trust (Trust), a Delaware statutory trust. It will issue common units representing fractional undivided beneficial interests in such Fund, called Shares. The investment objective of the Fund is to have the daily changes in percentage terms of the shares net asset value reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (Corn Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), including the second to expire CBOT Corn Futures Contract, weighted 35%, the third-to-expire CBOT Corn Futures Contract, weighted 30%, and the CBOT Corn Futures Contract, weighted 35%.