Wilmington Savings Fund Society FSB Takes $31,000 Position in United States Oil Fund LP (NYSEARCA:USO)

Wilmington Savings Fund Society FSB bought a new position in shares of United States Oil Fund LP (NYSEARCA:USO) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 437 shares of the company’s stock, valued at approximately $31,000.

Several other large investors also recently bought and sold shares of the stock. CENTRAL TRUST Co acquired a new stake in shares of United States Oil Fund in the 3rd quarter valued at $104,000. Clear Investment Research LLC lifted its holdings in United States Oil Fund by 44.3% during the 2nd quarter. Clear Investment Research LLC now owns 1,589 shares of the company’s stock worth $126,000 after buying an additional 488 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of United States Oil Fund by 47.6% during the 3rd quarter. SG Americas Securities LLC now owns 2,548 shares of the company’s stock worth $178,000 after acquiring an additional 822 shares in the last quarter. CWM LLC increased its holdings in shares of United States Oil Fund by 134.2% in the 3rd quarter. CWM LLC now owns 2,558 shares of the company’s stock valued at $179,000 after acquiring an additional 1,466 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of United States Oil Fund during the 3rd quarter worth about $235,000.

United States Oil Fund Stock Down 0.1 %

Shares of USO opened at $73.06 on Tuesday. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 22.97 and a beta of 0.10. United States Oil Fund LP has a 52-week low of $65.48 and a 52-week high of $83.41. The stock has a 50 day moving average price of $72.40 and a 200 day moving average price of $74.51.

United States Oil Fund 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.