Teucrium Soybean Fund (NYSEARCA:SOYB) Shares Down 0.6% – Time to Sell?

Teucrium Soybean Fund (NYSEARCA:SOYB)’s stock price dropped 0.6% during mid-day trading on Tuesday . The company traded as low as $22.04 and last traded at $22.11. Approximately 72,720 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 40,803 shares. The stock had previously closed at $22.25.

Teucrium Soybean Fund Price Performance

The stock’s 50-day moving average is $21.25 and its 200 day moving average is $21.89.

Institutional Trading of Teucrium Soybean Fund

An institutional investor recently raised its position in Teucrium Soybean Fund stock. LexAurum Advisors LLC grew its position in Teucrium Soybean Fund (NYSEARCA:SOYB) by 200.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,000 shares of the company’s stock after buying an additional 20,000 shares during the quarter. LexAurum Advisors LLC owned 2.22% of Teucrium Soybean Fund worth $692,000 at the end of the most recent quarter.

Teucrium Soybean Fund Company Profile

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).