Teucrium Soybean Fund (NYSEARCA:SOYB) Shares Up 0.3% – Should You Buy?

Shares of Teucrium Soybean Fund (NYSEARCA:SOYB) were up 0.3% on Monday . The stock traded as high as $24.45 and last traded at $24.42. Approximately 57,949 shares changed hands during trading, a decline of 34% from the average daily volume of 87,641 shares. The stock had previously closed at $24.35.

Teucrium Soybean Fund Stock Performance

The company has a 50 day simple moving average of $23.69 and a two-hundred day simple moving average of $22.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SOYB. B. Riley Wealth Advisors Inc. acquired a new stake in Teucrium Soybean Fund in the 2nd quarter valued at $1,123,000. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Soybean Fund during the third quarter valued at approximately $1,732,000. Simplex Trading LLC raised 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 valued at $499,000 after acquiring an additional 14,801 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Teucrium Soybean Fund by 14.3% during the fourth quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock valued at $640,000 after acquiring an additional 3,658 shares during the last quarter. Finally, Teucrium Investment Advisors LLC acquired a new position in shares of Teucrium Soybean Fund during the fourth quarter valued at approximately $1,542,000.

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). 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%.