Teucrium Soybean Fund (NYSEARCA:SOYB) Trading Down 1% – Here’s What Happened

Teucrium Soybean Fund (NYSEARCA:SOYBGet Free Report) dropped 1% during mid-day trading on Tuesday . The stock traded as low as $21.56 and last traded at $21.73. Approximately 43,261 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 39,019 shares. The stock had previously closed at $21.94.

Teucrium Soybean Fund Stock Performance

The company’s fifty day simple moving average is $22.06 and its two-hundred day simple moving average is $23.11.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Teucrium Soybean Fund stock. Bank of Montreal Can acquired a new stake in Teucrium Soybean Fund (NYSEARCA:SOYBFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 35,250 shares of the company’s stock, valued at approximately $899,000. Bank of Montreal Can owned 2.61% of Teucrium Soybean Fund at the end of the most recent reporting period.

Teucrium Soybean Fund Company Profile

(Get Free Report)

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).

Further Reading

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