Teucrium Soybean Fund (NYSEARCA:SOYB) Trading Up 1.4% – Still a Buy?

Teucrium Soybean Fund (NYSEARCA:SOYB) traded up 1.4% during trading on Tuesday . The company traded as high as $22.78 and last traded at $22.74. 44,104 shares traded hands during trading, an increase of 23% from the average session volume of 35,714 shares. The stock had previously closed at $22.43.

Teucrium Soybean Fund Price Performance

The stock has a 50-day moving average price of $21.43 and a 200 day moving average price of $21.78.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Teucrium Soybean Fund stock. Bank of Montreal Can purchased a new stake in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 35,250 shares of the company’s stock, valued at approximately $899,000. Bank of Montreal Can owned approximately 2.61% 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).