Teucrium Soybean Fund (NYSEARCA:SOYB) Trading Up 0.1% – Here’s Why

Teucrium Soybean Fund (NYSEARCA:SOYB) shares were up 0.1% during trading on Tuesday . The stock traded as high as $21.96 and last traded at $21.86. Approximately 29,658 shares changed hands during trading, a decline of 7% from the average daily volume of 31,727 shares. The stock had previously closed at $21.83.

Teucrium Soybean Fund Stock Up 0.1%

The company has a fifty day simple moving average of $21.66 and a 200-day simple moving average of $21.58.

Hedge Funds Weigh In On Teucrium Soybean Fund

A number of hedge funds have recently modified their holdings of SOYB. Simplex Trading LLC lifted 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 worth $55,000 after acquiring an additional 1,878 shares in the last quarter. Harbour Investments Inc. acquired a new position in Teucrium Soybean Fund during the 1st quarter worth about $40,000. Finally, Jane Street Group LLC lifted its stake in Teucrium Soybean Fund by 206.4% during the 4th quarter. Jane Street Group LLC now owns 21,535 shares of the company’s stock worth $463,000 after acquiring an additional 41,783 shares in 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).