Teucrium Wheat Fund (NYSEARCA:WEAT – Get Free Report) traded down 0.6% during mid-day trading on Thursday. The company traded as low as $24.75 and last traded at $24.76. 222,596 shares changed hands during trading, a decline of 66% from the average session volume of 656,671 shares. The stock had previously closed at $24.90.
Teucrium Wheat Fund Stock Down 1.4%
The business’s 50 day moving average is $25.58 and its 200 day moving average is $24.18.
Institutional Investors Weigh In On Teucrium Wheat Fund
Several hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. boosted its position in Teucrium Wheat Fund by 26.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,288 shares of the company’s stock worth $166,000 after purchasing an additional 1,747 shares in the last quarter. Revisor Wealth Management LLC grew its holdings in Teucrium Wheat Fund by 13.9% in the first quarter. Revisor Wealth Management LLC now owns 21,447 shares of the company’s stock valued at $506,000 after purchasing an additional 2,616 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of Teucrium Wheat Fund in the second quarter valued at approximately $110,000. Compound Planning Inc. acquired a new position in shares of Teucrium Wheat Fund during the 1st quarter worth approximately $232,000. Finally, CVS HEALTH Corp acquired a new position in shares of Teucrium Wheat Fund during the 1st quarter worth approximately $471,000.
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%.
Featured Stories
- Five stocks we like better than Teucrium Wheat Fund
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
- Is Synopsys Back from the Dead? EDA Leader Inks Deals With Amazon and OpenAI
- MarketBeat Week in Review – 10/05 – 10/09
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
Receive News & Ratings for Teucrium Wheat Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teucrium Wheat Fund and related companies with MarketBeat.com's FREE daily email newsletter.
