United States 12 Month Oil Fund (NYSEARCA:USL) Stock Price Up 1.8% – Here’s What Happened

United States 12 Month Oil Fund LP (NYSEARCA:USL)’s share price was up 1.8% during mid-day trading on Tuesday . The stock traded as high as $44.83 and last traded at $44.49. Approximately 65,801 shares changed hands during trading, an increase of 159% from the average daily volume of 25,400 shares. The stock had previously closed at $43.69.

United States 12 Month Oil Fund Price Performance

The business has a 50 day moving average price of $36.56 and a 200 day moving average price of $35.35.

Institutional Investors Weigh In On United States 12 Month Oil Fund

Large investors have recently bought and sold shares of the company. Roxbury Financial LLC raised its holdings in United States 12 Month Oil Fund by 129.5% in the fourth quarter. Roxbury Financial LLC now owns 3,825 shares of the company’s stock worth $127,000 after purchasing an additional 2,158 shares during the period. Osaic Holdings Inc. grew its holdings in shares of United States 12 Month Oil Fund by 16.8% in the 2nd quarter. Osaic Holdings Inc. now owns 6,700 shares of the company’s stock valued at $235,000 after buying an additional 962 shares during the period. Flow Traders U.S. LLC grew its holdings in shares of United States 12 Month Oil Fund by 41.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 32,095 shares of the company’s stock valued at $1,143,000 after buying an additional 9,373 shares during the period. Jane Street Group LLC increased its position in shares of United States 12 Month Oil Fund by 234.5% in the 1st quarter. Jane Street Group LLC now owns 33,593 shares of the company’s stock valued at $1,283,000 after buying an additional 23,551 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of United States 12 Month Oil Fund in the 4th quarter valued at $1,523,000.

About United States 12 Month Oil Fund

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.