Teucrium Soybean Fund (NYSEARCA:SOYB) Trading Down 0.3% – What’s Next?

Teucrium Soybean Fund (NYSEARCA:SOYB) traded down 0.3% during trading on Friday . The stock traded as low as $22.01 and last traded at $22.01. 36,278 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 62,253 shares. The stock had previously closed at $22.08.

Teucrium Soybean Fund Stock Performance

The business’s 50-day simple moving average is $22.86 and its two-hundred day simple moving average is $22.21.

Institutional Trading of Teucrium Soybean Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. increased its stake in shares of Teucrium Soybean Fund by 34.6% in the second quarter. Harbour Investments Inc. now owns 2,520 shares of the company’s stock worth $55,000 after buying an additional 648 shares during the last quarter. Simplex Trading LLC boosted its stake in Teucrium Soybean Fund by 267.5% during the 1st quarter. Simplex Trading LLC now owns 2,580 shares of the company’s stock valued at $55,000 after acquiring an additional 1,878 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Teucrium Soybean Fund by 4.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 53,597 shares of the company’s stock worth $1,150,000 after acquiring an additional 2,057 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of Teucrium Soybean Fund in the 3rd quarter worth about $1,732,000.

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). 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%.