Teucrium Corn Fund (NYSEARCA:CORN) Stock Crosses Below 200 Day Moving Average – What’s Next?

Teucrium Corn Fund (NYSEARCA:CORN) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $18.72 and traded as low as $18.55. Teucrium Corn Fund shares last traded at $18.70, with a volume of 45,685 shares.

Teucrium Corn Fund Price Performance

The firm has a fifty day simple moving average of $19.47 and a two-hundred day simple moving average of $18.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of Teucrium Corn Fund by 215.3% in the 4th quarter. Jane Street Group LLC now owns 37,474 shares of the exchange traded fund’s stock worth $703,000 after acquiring an additional 25,590 shares in the last quarter. LPL Financial LLC grew its holdings in Teucrium Corn Fund by 54.6% in the fourth quarter. LPL Financial LLC now owns 42,098 shares of the exchange traded fund’s stock worth $790,000 after purchasing an additional 14,872 shares during the period. Safe Harbor Fiduciary LLC bought a new position in shares of Teucrium Corn Fund during the third quarter valued at approximately $207,000. Mutual Advisors LLC purchased a new position in shares of Teucrium Corn Fund during the fourth quarter valued at approximately $193,000. Finally, Simplex Trading LLC lifted its holdings in shares of Teucrium Corn Fund by 49.2% during the fourth quarter. Simplex Trading LLC now owns 14,212 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 4,688 shares during the last quarter.

About Teucrium Corn Fund

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%.