United States Oil Fund LP (USO) Stake Lessened by Polianta Ltd

Polianta Ltd decreased its holdings in shares of United States Oil Fund LP (NYSEARCA:USO) by 47.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 585,400 shares of the company’s stock after selling 524,000 shares during the period. United States Oil Fund comprises approximately 2.3% of Polianta Ltd’s investment portfolio, making the stock its 14th largest holding. Polianta Ltd’s holdings in United States Oil Fund were worth $7,030,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in United States Oil Fund by 8.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 19,571 shares of the company’s stock valued at $186,000 after purchasing an additional 1,466 shares in the last quarter. Private Advisor Group LLC lifted its holdings in United States Oil Fund by 25.2% in the 2nd quarter. Private Advisor Group LLC now owns 91,901 shares of the company’s stock valued at $839,000 after purchasing an additional 18,501 shares in the last quarter. CIBC World Markets Inc. purchased a new position in United States Oil Fund in the 2nd quarter valued at $379,000. Ameriprise Financial Inc. lifted its holdings in United States Oil Fund by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 89,580 shares of the company’s stock valued at $851,000 after purchasing an additional 3,156 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its holdings in United States Oil Fund by 6.4% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 31,633 shares of the company’s stock valued at $295,000 after purchasing an additional 1,900 shares in the last quarter.

Shares of United States Oil Fund LP (USO) traded up $0.14 during mid-day trading on Tuesday, reaching $12.52. The company’s stock had a trading volume of 9,833,700 shares, compared to its average volume of 12,758,081. The stock has a market cap of $2,100.00 and a price-to-earnings ratio of -5.11. United States Oil Fund LP has a 12 month low of $8.65 and a 12 month high of $12.42.

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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.

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

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