4,500 Shares in United States Brent Oil Fund LP (NYSEARCA:BNO) Purchased by AdvisorNet Financial Inc

AdvisorNet Financial Inc bought a new position in shares of United States Brent Oil Fund LP (NYSEARCA:BNO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,500 shares of the company’s stock, valued at approximately $135,000. AdvisorNet Financial Inc owned about 0.11% of United States Brent Oil Fund at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in United States Brent Oil Fund by 2,731.0% in the 3rd quarter. International Assets Investment Management LLC now owns 4,756 shares of the company’s stock valued at $135,000 after purchasing an additional 4,588 shares in the last quarter. Virtu Financial LLC lifted its stake in shares of United States Brent Oil Fund by 93.9% during the third quarter. Virtu Financial LLC now owns 14,828 shares of the company’s stock valued at $420,000 after buying an additional 7,182 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of United States Brent Oil Fund during the third quarter valued at approximately $425,000. Ignite Planners LLC purchased a new stake in United States Brent Oil Fund in the 3rd quarter worth approximately $515,000. Finally, Flow Traders U.S. LLC raised its holdings in United States Brent Oil Fund by 146.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 68,710 shares of the company’s stock valued at $1,945,000 after acquiring an additional 40,855 shares during the last quarter.

United States Brent Oil Fund Price Performance

Shares of NYSEARCA:BNO opened at $32.65 on Friday. The stock’s 50-day moving average price is $29.82 and its two-hundred day moving average price is $30.01. United States Brent Oil Fund LP has a 12-month low of $26.76 and a 12-month high of $33.91.

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.