Teucrium Corn Fund (NYSEARCA:CORN) Stock Passes Below Two Hundred Day Moving Average of $14.87

Teucrium Corn Fund (NYSEARCA:CORN) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.87 and traded as low as $14.26. Teucrium Corn Fund shares last traded at $14.26, with a volume of 48,198 shares traded.

The company’s 50-day moving average price is $14.64 and its 200-day moving average price is $14.86.

Large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in Teucrium Corn Fund by 3.8% during the second quarter. Royal Bank of Canada now owns 36,412 shares of the exchange traded fund’s stock worth $599,000 after purchasing an additional 1,322 shares in the last quarter. Optimum Investment Advisors raised its stake in Teucrium Corn Fund by 50.0% in the 3rd quarter. Optimum Investment Advisors now owns 3,000 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Teucrium Corn Fund in the 3rd quarter valued at about $1,169,000.

About Teucrium Corn Fund (NYSEARCA:CORN)

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%.

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