Teucrium Wheat Fund Target of Unusually High Options Trading (NYSEARCA:WEAT)

Teucrium Wheat Fund (NYSEARCA:WEAT) saw unusually large options trading activity on Tuesday. Stock traders purchased 4,829 put options on the stock. This is an increase of approximately 480% compared to the average daily volume of 833 put options.

Institutional Trading of Teucrium Wheat Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Atlas Financial Advisors Inc. acquired a new position in shares of Teucrium Wheat Fund in the 3rd quarter worth approximately $423,000. Flow Traders U.S. LLC bought a new stake in Teucrium Wheat Fund during the third quarter valued at $363,000. IHT Wealth Management LLC bought a new position in shares of Teucrium Wheat Fund in the 3rd quarter worth about $105,000. Finally, Verity Asset Management Inc. grew its position in shares of Teucrium Wheat Fund by 20.9% during the 4th quarter. Verity Asset Management Inc. now owns 78,194 shares of the company’s stock valued at $377,000 after buying an additional 13,537 shares during the last quarter.

Teucrium Wheat Fund Stock Up 1.3 %

NYSEARCA:WEAT traded up $0.07 during trading hours on Tuesday, hitting $5.17. The stock had a trading volume of 257,760 shares, compared to its average volume of 966,129. The business has a 50 day simple moving average of $4.83 and a two-hundred day simple moving average of $4.99. Teucrium Wheat Fund has a 1-year low of $4.64 and a 1-year high of $6.48.

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%.