Teucrium Soybean Fund (NYSEARCA:SOYB) Trading 1.4% Higher – Time to Buy?

Teucrium Soybean Fund (NYSEARCA:SOYB) shot up 1.4% during trading on Tuesday . The company traded as high as $22.78 and last traded at $22.74. 44,104 shares were traded during trading, an increase of 23% from the average session volume of 35,714 shares. The stock had previously closed at $22.43.

Teucrium Soybean Fund Stock Performance

The business’s 50-day moving average price is $21.43 and its 200 day moving average price is $21.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Teucrium Soybean Fund stock. LexAurum Advisors LLC raised its stake in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) by 200.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the company’s stock after acquiring an additional 20,000 shares during the quarter. LexAurum Advisors LLC owned approximately 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).