Teucrium Wheat Fund (NYSEARCA:WEAT) Stock Price Up 1.9% – What’s Next?

Teucrium Wheat Fund (NYSEARCA:WEAT)’s share price was up 1.9% during trading on Monday . The stock traded as high as $4.95 and last traded at $4.93. Approximately 713,232 shares changed hands during trading, an increase of 4% from the average daily volume of 685,463 shares. The stock had previously closed at $4.84.

Teucrium Wheat Fund Price Performance

The company has a 50-day moving average price of $5.18 and a 200-day moving average price of $5.36.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WEAT. IHT Wealth Management LLC bought a new position in shares of Teucrium Wheat Fund during the 3rd quarter valued at about $105,000. Flow Traders U.S. LLC bought a new stake in shares of Teucrium Wheat Fund during the third quarter worth $363,000. Atlas Financial Advisors Inc. acquired a new position in Teucrium Wheat Fund in the 3rd quarter worth $423,000. National Bank of Canada FI bought a new position in Teucrium Wheat Fund during the 2nd quarter worth about $242,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Teucrium Wheat Fund in the 2nd quarter valued at about $939,000.

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%.