United States Oil Fund LP $USO Shares Bought by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its holdings in shares of United States Oil Fund LP (NYSEARCA:USO) by 55.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,459 shares of the company’s stock after acquiring an additional 880 shares during the quarter. CENTRAL TRUST Co’s holdings in United States Oil Fund were worth $180,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in United States Oil Fund by 43.8% during the 2nd quarter. Bank of Montreal Can now owns 14,069 shares of the company’s stock worth $1,029,000 after purchasing an additional 4,283 shares during the last quarter. Sigma Planning Corp acquired a new stake in shares of United States Oil Fund during the second quarter worth approximately $779,000. Envestnet Asset Management Inc. grew its position in shares of United States Oil Fund by 17.8% during the second quarter. Envestnet Asset Management Inc. now owns 12,817 shares of the company’s stock worth $937,000 after buying an additional 1,941 shares in the last quarter. AlphaQuest LLC bought a new stake in shares of United States Oil Fund in the second quarter worth $1,211,000. Finally, Harbour Investments Inc. raised its holdings in United States Oil Fund by 37.1% in the second quarter. Harbour Investments Inc. now owns 831 shares of the company’s stock valued at $61,000 after acquiring an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 67.47% of the company’s stock.

United States Oil Fund Price Performance

Shares of USO stock opened at $69.85 on Friday. The firm has a fifty day moving average of $72.36 and a two-hundred day moving average of $72.74. The firm has a market cap of $916.43 million, a P/E ratio of 19.22 and a beta of 0.40. United States Oil Fund LP has a 1-year low of $60.67 and a 1-year high of $84.58.

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.