Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 2.3% – Here’s What Happened
by Jessica Moore · The Cerbat GemShares of Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) traded down 2.3% on Friday . The stock traded as low as $9.00 and last traded at $9.07. 491,468 shares traded hands during trading, an increase of 36% from the average session volume of 361,276 shares. The stock had previously closed at $9.28.
Teucrium Sugar Fund Price Performance
The business’s fifty day moving average is $9.64 and its 200-day moving average is $9.65.
Institutional Trading of Teucrium Sugar Fund
Institutional investors have recently modified their holdings of the company. Group One Trading LLC acquired a new stake in Teucrium Sugar Fund during the 3rd quarter worth approximately $105,000. Belvedere Trading LLC purchased a new stake in Teucrium Sugar Fund during the third quarter worth approximately $122,000. Citadel Advisors LLC purchased a new stake in Teucrium Sugar Fund during the third quarter worth approximately $158,000. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Sugar Fund in the third quarter worth $167,000. Finally, Jane Street Group LLC increased its position in shares of Teucrium Sugar Fund by 103.2% in the fourth quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock worth $275,000 after acquiring an additional 14,320 shares in the last quarter.
Teucrium Sugar Fund Company Profile
Teucrium Sugar Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Teucrium Sugar Fund provides investors unleveraged direct exposure to sugar 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 sugar (Sugar Futures Contracts) that are traded on ICE Futures US (ICE Futures), which includes the second-to-expire Sugar No.