Teucrium Soybean Fund (NYSEARCA:SOYB) Stock Price Up 0.2% – Still a Buy?

Teucrium Soybean Fund (NYSEARCA:SOYB) shares traded up 0.2% on Tuesday . The company traded as high as $20.81 and last traded at $20.76. 41,158 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 37,424 shares. The stock had previously closed at $20.72.

Teucrium Soybean Fund Trading Up 0.2 %

The company’s 50 day moving average price is $21.31 and its 200-day moving average price is $22.26.

Institutional Investors Weigh In On Teucrium Soybean Fund

An institutional investor recently raised its position in Teucrium Soybean Fund stock. LexAurum Advisors LLC grew its holdings in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) by 200.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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.

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).