Teucrium Soybean Fund (NYSEARCA:SOYB) Stock Price Up 0.4% – Time to Buy?

Teucrium Soybean Fund (NYSEARCA:SOYB) shares traded up 0.4% during trading on Monday. The stock traded as high as $27.63 and last traded at $27.32. 46,967 shares changed hands during trading, a decline of 50% from the average daily volume of 94,820 shares. The stock had previously closed at $27.22.

Teucrium Soybean Fund Trading Down 0.1%

The firm has a fifty day simple moving average of $26.76 and a 200-day simple moving average of $25.45.

Institutional Investors Weigh In On Teucrium Soybean Fund

An institutional investor recently bought a new position in Teucrium Soybean Fund stock. Royal Bank of Canada purchased a new stake in Teucrium Soybean Fund (NYSEARCA:SOYB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,500 shares of the company’s stock, valued at approximately $37,000. Royal Bank of Canada owned 0.06% of Teucrium Soybean Fund as of its most recent SEC filing.

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%.