Teucrium Corn Fund (NYSEARCA:CORN) Stock Price Crosses Below Two Hundred Day Moving Average of $21.04

Posted by Cynthia Vaughn on Apr 18th, 2024

Teucrium Corn Fund (NYSEARCA:CORN – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.04 and traded as low as $19.62. Teucrium Corn Fund shares last traded at $19.73, with a volume of 36,109 shares changing hands.

Teucrium Corn Fund Trading Down 1.0 %

The firm has a fifty day simple moving average of $19.75 and a 200-day simple moving average of $21.02.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CORN. Cambridge Investment Research Advisors Inc. bought a new position in Teucrium Corn Fund during the 1st quarter worth $334,000. Worth Asset Management LLC bought a new position in shares of Teucrium Corn Fund in the first quarter worth $41,000. Flow Traders U.S. LLC bought a new position in shares of Teucrium Corn Fund in the first quarter worth $1,383,000. Frontier Wealth Management LLC bought a new position in shares of Teucrium Corn Fund in the first quarter worth $251,000. Finally, Royal Bank of Canada increased its position in shares of Teucrium Corn Fund by 208.3% in the first quarter. Royal Bank of Canada now owns 1,480 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 1,000 shares during the period.

Teucrium Corn Fund Company Profile

(Get Free Report)

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%.