International Assets Investment Management LLC Increases Stock Position in United States Brent Oil Fund LP (NYSEARCA:BNO)

International Assets Investment Management LLC raised its holdings in United States Brent Oil Fund LP (NYSEARCA:BNO) by 2,631.0% in the 4th quarter, HoldingsChannel reports. The fund owned 4,588 shares of the company’s stock after acquiring an additional 4,420 shares during the period. International Assets Investment Management LLC’s holdings in United States Brent Oil Fund were worth $125,000 at the end of the most recent quarter.

Separately, Stratos Wealth Partners LTD. purchased a new stake in shares of United States Brent Oil Fund during the 3rd quarter worth about $218,000.

United States Brent Oil Fund Stock Performance

NYSEARCA BNO opened at $32.43 on Tuesday. The company’s 50 day moving average price is $31.48 and its 200 day moving average price is $29.74. United States Brent Oil Fund LP has a one year low of $24.02 and a one year high of $33.91.

United States Brent Oil Fund Company Profile

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.