Teucrium Wheat Fund (NYSEARCA:WEAT) Shares Up 2.3%

Teucrium Wheat Fund (NYSEARCA:WEAT)’s share price traded up 2.3% during mid-day trading on Friday . The stock traded as high as $5.33 and last traded at $5.30. 828,976 shares changed hands during trading, an increase of 17% from the average session volume of 706,367 shares. The stock had previously closed at $5.18.

Teucrium Wheat Fund Price Performance

The business has a 50 day moving average price of $5.03 and a 200 day moving average price of $5.42.

Institutional Trading of Teucrium Wheat Fund

A number of large investors have recently made changes to their positions in WEAT. Hobbs Group Advisors LLC bought a new stake in Teucrium Wheat Fund during the 2nd quarter worth approximately $27,000. U S Global Investors Inc. increased its position in shares of Teucrium Wheat Fund by 136.4% during the first quarter. U S Global Investors Inc. now owns 15,600 shares of the company’s stock worth $84,000 after acquiring an additional 9,000 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of Teucrium Wheat Fund during the second quarter worth $242,000. Verity Asset Management Inc. raised its holdings in shares of Teucrium Wheat Fund by 39.4% during the first quarter. Verity Asset Management Inc. now owns 62,023 shares of the company’s stock worth $336,000 after acquiring an additional 17,521 shares during the period. Finally, Jump Financial LLC bought a new stake in Teucrium Wheat Fund in the 4th quarter valued at $390,000.

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%.