Teucrium Soybean Fund (NYSEARCA:SOYB) Trading 1.5% Higher – Time to Buy?

Teucrium Soybean Fund (NYSEARCA:SOYB) shares shot up 1.5% on Monday . The stock traded as high as $26.00 and last traded at $25.88. Approximately 62,261 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 103,816 shares. The stock had previously closed at $25.49.

Teucrium Soybean Fund Stock Performance

The business’s 50 day moving average price is $24.78 and its 200-day moving average price is $24.00.

Institutional Investors Weigh In On Teucrium Soybean Fund

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada bought a new position in Teucrium Soybean Fund during the first quarter worth about $37,000. Jane Street Group LLC grew its position in shares of Teucrium Soybean Fund by 14.3% during the 4th quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock worth $640,000 after purchasing an additional 3,658 shares in the last quarter. Simplex Trading LLC increased its holdings in shares of Teucrium Soybean Fund by 184.1% during the fourth quarter. Simplex Trading LLC now owns 22,839 shares of the company’s stock worth $499,000 after purchasing an additional 14,801 shares during the period. Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Soybean Fund during the fourth quarter worth approximately $1,542,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Soybean Fund in the third quarter valued at approximately $1,732,000.

About Teucrium Soybean Fund

Teucrium Soybean Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust).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 soybeans (Soybean Futures Contracts) that are traded on the Chicago Board of Trade (CBOT). The three Soybean Futures Contracts include second-to-expire CBOT Soybean Futures Contract, weighted 35%; the third-to-expire CBOT Soybean Futures Contract, weighted 30%, and the CBOT Soybean Futures Contract, weighted 35%.