Shares of Teucrium Soybean Fund (NYSEARCA:SOYB – Get Free Report) were up 0.3% during mid-day trading on Monday . The stock traded as high as $24.45 and last traded at $24.42. Approximately 57,949 shares were traded 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 business’s 50-day moving average is $23.73 and its two-hundred day moving average is $22.90.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SOYB. Flow Traders U.S. LLC acquired a new position in Teucrium Soybean Fund during the 3rd quarter valued at approximately $1,732,000. Teucrium Investment Advisors LLC acquired a new position in Teucrium Soybean Fund during the 4th quarter valued at approximately $1,542,000. B. Riley Wealth Advisors Inc. bought a new stake in Teucrium Soybean Fund in the 2nd quarter valued at about $1,123,000. Simplex Trading LLC lifted its position in Teucrium Soybean Fund by 184.1% in the 4th quarter. Simplex Trading LLC now owns 22,839 shares of the company’s stock valued at $499,000 after purchasing an additional 14,801 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Teucrium Soybean Fund by 14.3% in the 4th quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock valued at $640,000 after purchasing an additional 3,658 shares during the last 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). 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%.
Further Reading
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