Verde Servicos Internacionais S.A. Makes New $516,000 Investment in United States Oil Fund LP $USO

Verde Servicos Internacionais S.A. purchased a new stake in shares of United States Oil Fund LP (NYSEARCA:USOFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,000 shares of the company’s stock, valued at approximately $516,000. Verde Servicos Internacionais S.A. owned approximately 0.05% of United States Oil Fund at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. NewEdge Advisors LLC increased its holdings in United States Oil Fund by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,948 shares of the company’s stock worth $924,000 after buying an additional 187 shares in the last quarter. Harbour Investments Inc. boosted its holdings in shares of United States Oil Fund by 37.1% during the 2nd quarter. Harbour Investments Inc. now owns 831 shares of the company’s stock valued at $61,000 after acquiring an additional 225 shares during the last quarter. AlphaQuest LLC bought a new stake in shares of United States Oil Fund in the second quarter worth approximately $1,211,000. Envestnet Asset Management Inc. grew its stake in shares of United States Oil Fund by 17.8% in the second quarter. Envestnet Asset Management Inc. now owns 12,817 shares of the company’s stock worth $937,000 after acquiring an additional 1,941 shares during the period. Finally, Sigma Planning Corp purchased a new position in shares of United States Oil Fund during the second quarter valued at approximately $779,000. 67.47% of the stock is owned by hedge funds and other institutional investors.

United States Oil Fund Stock Up 1.1%

Shares of United States Oil Fund stock opened at $78.89 on Thursday. United States Oil Fund LP has a twelve month low of $60.67 and a twelve month high of $83.57. The company’s 50 day moving average is $72.00 and its 200 day moving average is $72.60. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 19.22 and a beta of 0.40.

Key United States Oil Fund News

Here are the key news stories impacting United States Oil Fund this week:

About United States Oil Fund

(Free Report)

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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