Teucrium Sugar Fund (NYSEARCA:CANE) Trading Down 0.6%

Teucrium Sugar Fund (NYSEARCA:CANE)’s share price was down 0.6% on Wednesday . The stock traded as low as $11.64 and last traded at $11.75. Approximately 29,019 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 32,648 shares. The stock had previously closed at $11.82.

Teucrium Sugar Fund Stock Down 1.4 %

The company has a fifty day moving average of $11.60 and a two-hundred day moving average of $12.08.

Hedge Funds Weigh In On Teucrium Sugar Fund

A hedge fund recently bought a new stake in Teucrium Sugar Fund stock. Cetera Advisors LLC bought a new position in Teucrium Sugar Fund (NYSEARCA:CANE) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,735 shares of the company’s stock, valued at approximately $253,000. Cetera Advisors LLC owned 1.73% of Teucrium Sugar Fund as of its most recent SEC filing.

About Teucrium Sugar Fund

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.