HRT Financial LLC Takes $758,000 Position in United States Oil Fund LP (USO)

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HRT Financial LLC acquired a new position in United States Oil Fund LP (NYSEARCA:USO) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 57,918 shares of the company’s stock, valued at approximately $758,000.

Several other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC grew its holdings in United States Oil Fund by 43.1% during the fourth quarter. AE Wealth Management LLC now owns 14,424 shares of the company’s stock worth $173,000 after acquiring an additional 4,343 shares during the period. Harvest Fund Management Co. Ltd grew its holdings in United States Oil Fund by 15.3% during the first quarter. Harvest Fund Management Co. Ltd now owns 75,613 shares of the company’s stock worth $989,000 after acquiring an additional 10,038 shares during the period. Clarus Wealth Advisors acquired a new stake in United States Oil Fund during the fourth quarter worth about $194,000. SNS Financial Group LLC acquired a new stake in United States Oil Fund during the fourth quarter worth about $249,000. Finally, Napier Park Global Capital US LP acquired a new stake in United States Oil Fund during the first quarter worth about $315,000.

United States Oil Fund opened at $13.28 on Thursday, MarketBeat Ratings reports. United States Oil Fund LP has a 52 week low of $8.65 and a 52 week high of $14.74.

United States Oil Fund Profile

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.

Institutional Ownership by Quarter for United States Oil Fund (NYSEARCA:USO)

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