Teucrium Soybean Fund (NYSEARCA:SOYB) Shares Down 0.4% – Here’s What Happened

Teucrium Soybean Fund (NYSEARCA:SOYB)’s stock price dropped 0.4% during trading on Tuesday . The company traded as low as $21.34 and last traded at $21.34. Approximately 38,077 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 37,279 shares. The stock had previously closed at $21.43.

Teucrium Soybean Fund Price Performance

The stock’s 50-day moving average price is $21.90 and its 200 day moving average price is $21.74.

Institutional Investors Weigh In On Teucrium Soybean Fund

A hedge fund recently raised its stake in Teucrium Soybean Fund stock. Jane Street Group LLC boosted its holdings in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) by 206.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,535 shares of the company’s stock after buying an additional 41,783 shares during the period. Jane Street Group LLC owned about 1.60% of Teucrium Soybean Fund worth $463,000 as of its most recent SEC filing.

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).