Today’s 13GD Filing: Why Counsel Portfolio Services Inc Reported Big Teucrium Commodity Trust Position?

Today's 13GD Filing: Why Counsel Portfolio Services Inc Reported Big Teucrium Commodity Trust Position?

The New Counsel Portfolio Services Inc Holding in Teucrium Commodity Trust

Counsel Portfolio Services Inc filed with the SEC SC 13D/A form for Teucrium Commodity Trust. The form can be accessed here: 000114036116082020. As reported in Counsel Portfolio Services Inc’s form, the filler as of late owns 33.419% or 167,095 shares of the Materials–company.

Teucrium Commodity Trust stake is a new one for the for this institutional investor and it was filed because of activity on October 3, 2016. We feel this shows Counsel Portfolio Services Inc’s positive view for the stock.

Reasons Why Counsel Portfolio Services Inc Bought – Teucrium Commodity Trust Stock

Purpose of Transaction

The Reporting Person acquired the shares of the Issuer reported herein solely for investment purposes. The Reporting Person may make additional purchases of shares in the open market, depending on the Reporting Person’s business, investment strategies, the market for the shares, general economic conditions, stock market conditions and other future developments.

The following describes plans or proposals that the Reporting Person may have with respect to the matters set forth in Item 4(a)-(j) of Schedule 13D:

(a)

The Reporting Person may acquire or dispose of shares of the Issuer’s stock depending upon prevailing market conditions and its investment objectives;

(b)

None;

(c)

None;

(d)

None;

(e)

None;

(f)

None;

(g)

None;

(h)

None;

(i)

None; and

(j)

None.

Teucrium Commodity Trust Institutional Sentiment

Latest Security and Exchange filings show 22 investors own Teucrium Commodity Trust. The institutional ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is decreased by 18764 the total institutional shares. 389503 were the shares owned by these institutional investors. In total 4 funds opened new Teucrium Commodity Trust stakes, 4 increased stakes. There were 3 that closed positions and 9 reduced them.

U S Global Investors Inc is an institutional investor bullish on Teucrium Commodity Trust, owning 2100 shares as of Q3 2015 for 0.03% of its portfolio. Virtu Financial Llc owns 19175 shares or 0.06% of its portfolio. A6 Brookfield Asset Management Inc have less than 0.01% of their stock portfolio for 6653 shares. Further, Mirae Asset Global Investments reported stake worth 0.10% of its US stock portfolio. The NY Flow Traders Us Llc owns 7485 shares. Teucrium Commodity Trust is 0.04% of the manager’s US portfolio.

Business Profile

Teucrium Agricultural Fund (the Fund) is a commodity pool. It is a series of the Teucrium Commodity Trust. The Fund provides investors exposure to four agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. It invests directly in four Teucrium Funds, such as Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the Underlying Funds). The investment objective of the Fund is to have the daily changes in percentage terms of a weighted average (the Underlying Fund Average) of the Underlying Funds. It seeks to achieve its investment objective by investing under normal market conditions in the publicly traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund. It is managed by Teucrium Trading, LLC.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

The stock closed at $26.72 during the last session. It is down 6.88% since March 2, 2016 and is uptrending. It has underperformed by 1.38% the S&P500.

Teucrium Agricultural Fund is a commodity pool. The company has a market cap of $1.45 million. It is a series of the Teucrium Commodity Trust. It currently has negative earnings. The Fund provides investors exposure to four agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account.

More notable recent Teucrium Agricultural Fund (NYSEARCA:TAGS) news were published by: Seekingalpha.com which released: “The Case For Agricultural Commodity ETFs: A Conversation With Sal Gilbertie” on February 24, 2015, also Etfdailynews.com with their article: “Agricultural ETFs Get A Boost From The Wet Weather [Teucrium Corn Fund …” published on June 30, 2015, Etftrends.com published: “New Agriculture ETF Takes Root” on March 28, 2012. More interesting news about Teucrium Agricultural Fund (NYSEARCA:TAGS) were released by: Etftrends.com and their article: “Extended El Niño Could Sustain Grains Commodity ETF Rally” published on July 10, 2015 as well as Etftrends.com‘s news article titled: “Agriculture ETFs May Rally More on Drought: Teucrium Investment Chief” with publication date: July 12, 2012.

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