WESPAC Advisors LLC bought a new position in shares of United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,478 shares of the company’s stock, valued at approximately $870,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC acquired a new position in shares of United States Brent Oil Fund in the first quarter valued at about $2,872,000. NewEdge Advisors LLC acquired a new stake in United States Brent Oil Fund in the 1st quarter worth about $1,776,000. Lombard Odier Asset Management USA Corp acquired a new stake in United States Brent Oil Fund in the 1st quarter worth about $854,000. CVS HEALTH Corp bought a new stake in United States Brent Oil Fund in the 1st quarter valued at about $520,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in United States Brent Oil Fund in the 2nd quarter valued at about $456,000.
United States Brent Oil Fund Stock Performance
Shares of NYSEARCA:BNO opened at $70.07 on Tuesday. The company’s 50 day moving average price is $59.65 and its two-hundred day moving average price is $48.47. United States Brent Oil Fund LP has a 12-month low of $27.14 and a 12-month high of $71.28.
About United States Brent Oil Fund
The United States Brent Oil Fund, LP (BNO) is an exchange-traded fund that is based on the Front Month Brent Crude Oil index. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is managed by US Commodity Funds.
Recommended Stories
- Five stocks we like better than United States Brent Oil Fund
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Want to see what other hedge funds are holding BNO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report).
Receive News & Ratings for United States Brent Oil Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Brent Oil Fund and related companies with MarketBeat.com's FREE daily email newsletter.
