Teucrium Corn Fund (NYSEARCA:CORN) Stock Passes Above 50-Day Moving Average – Should You Sell?

Teucrium Corn Fund (NYSEARCA:CORN)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $18.03 and traded as high as $18.34. Teucrium Corn Fund shares last traded at $18.26, with a volume of 65,530 shares.

Teucrium Corn Fund Trading Up 0.9 %

The stock’s fifty day moving average price is $18.03 and its 200-day moving average price is $18.19.

Institutional Inflows and Outflows

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) during the third 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 about 0.32% of Teucrium Corn Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

About Teucrium Corn Fund

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%.