Teucrium Corn Fund (NYSEARCA:CORN) Shares Pass Below 200 Day Moving Average – Should You Sell?

Teucrium Corn Fund (NYSEARCA:CORN)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $18.49 and traded as low as $17.69. Teucrium Corn Fund shares last traded at $17.77, with a volume of 69,926 shares changing hands.

Teucrium Corn Fund Trading Down 0.2 %

The business’s 50-day moving average price is $18.10 and its 200 day moving average price is $18.46.

Hedge Funds Weigh In On Teucrium Corn Fund

A hedge fund recently bought a new stake in Teucrium Corn Fund stock. Safe Harbor Fiduciary LLC acquired a new position in shares of Teucrium Corn Fund (NYSEARCA:CORN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,200 shares of the exchange traded fund’s stock, valued at approximately $207,000. Safe Harbor Fiduciary LLC owned approximately 0.32% of Teucrium Corn Fund at the end of the most recent quarter.

Teucrium Corn Fund Company Profile

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%.