Teucrium Wheat Fund (NYSEARCA:WEAT) Stock Price Up 0.3%

Shares of Teucrium Wheat Fund (NYSEARCA:WEAT) rose 0.3% during trading on Thursday . The stock traded as high as $6.07 and last traded at $5.99. Approximately 461,915 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 627,752 shares. The stock had previously closed at $5.97.

Teucrium Wheat Fund Price Performance

The firm has a 50-day moving average of $5.43 and a 200 day moving average of $5.61.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. TAP Consulting LLC bought a new position in shares of Teucrium Wheat Fund during the third quarter valued at $2,397,000. Belpointe Asset Management LLC lifted its holdings in shares of Teucrium Wheat Fund by 6.4% during the third quarter. Belpointe Asset Management LLC now owns 112,790 shares of the company’s stock valued at $628,000 after acquiring an additional 6,796 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Teucrium Wheat Fund during the fourth quarter valued at $440,000. Jump Financial LLC bought a new position in shares of Teucrium Wheat Fund during the fourth quarter valued at $390,000. Finally, Mason & Associates Inc bought a new position in shares of Teucrium Wheat Fund during the first quarter valued at $258,000.

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%.