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

Teucrium Soybean Fund (NYSEARCA:SOYB)’s share price was up 1.4% during mid-day trading on Tuesday . The company traded as high as $21.63 and last traded at $21.63. Approximately 11,805 shares were traded during trading, a decline of 70% from the average daily volume of 39,720 shares. The stock had previously closed at $21.34.

Teucrium Soybean Fund Price Performance

The stock’s 50-day moving average price is $22.05 and its 200 day moving average price is $23.47.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Teucrium Soybean Fund stock. LexAurum Advisors LLC increased its stake in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) by 200.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. LexAurum Advisors LLC owned about 2.22% of Teucrium Soybean Fund worth $692,000 at the end of the most recent quarter.

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).