International Assets Investment Management LLC Has $14.83 Million Stock Holdings in United States Oil Fund LP (NYSEARCA:USO)

International Assets Investment Management LLC grew its position in United States Oil Fund LP (NYSEARCA:USO) by 8,512.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 222,544 shares of the company’s stock after purchasing an additional 219,960 shares during the period. International Assets Investment Management LLC owned about 1.10% of United States Oil Fund worth $14,833,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. acquired a new stake in shares of United States Oil Fund during the third quarter worth $20,410,000. Tower Research Capital LLC TRC grew its position in United States Oil Fund by 7,335.2% in the third quarter. Tower Research Capital LLC TRC now owns 174,282 shares of the company’s stock valued at $14,092,000 after purchasing an additional 171,938 shares in the last quarter. Alliancebernstein L.P. bought a new position in United States Oil Fund in the second quarter valued at $9,797,000. Weiss Multi Strategy Advisers LLC grew its position in United States Oil Fund by 646.7% in the first quarter. Weiss Multi Strategy Advisers LLC now owns 112,000 shares of the company’s stock valued at $8,301,000 after purchasing an additional 97,000 shares in the last quarter. Finally, GTS Securities LLC bought a new position in United States Oil Fund in the second quarter valued at $5,046,000.

United States Oil Fund Stock Down 0.7 %

United States Oil Fund stock opened at $81.55 on Friday. United States Oil Fund LP has a 1-year low of $59.78 and a 1-year high of $83.29. The company has a fifty day simple moving average of $75.35 and a 200 day simple moving average of $73.17.

United States Oil Fund Company 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.