Farther Finance Advisors LLC Has $47,000 Holdings in United States Oil Fund LP $USO

Farther Finance Advisors LLC boosted its holdings in shares of United States Oil Fund LP (NYSEARCA:USO) by 1,428.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 642 shares of the company’s stock after buying an additional 600 shares during the quarter. Farther Finance Advisors LLC’s holdings in United States Oil Fund were worth $47,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Harbour Investments Inc. lifted its position in shares of United States Oil Fund by 30,200.0% in the first quarter. Harbour Investments Inc. now owns 606 shares of the company’s stock worth $47,000 after buying an additional 604 shares during the last quarter. Headlands Technologies LLC raised its stake in shares of United States Oil Fund by 6,875.0% in the 1st quarter. Headlands Technologies LLC now owns 1,116 shares of the company’s stock valued at $86,000 after acquiring an additional 1,100 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in United States Oil Fund in the 1st quarter worth approximately $111,000. Northwestern Mutual Wealth Management Co. boosted its position in United States Oil Fund by 4,531.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,482 shares of the company’s stock worth $115,000 after purchasing an additional 1,450 shares during the period. Finally, CENTRAL TRUST Co bought a new stake in United States Oil Fund during the first quarter worth approximately $122,000. 67.47% of the stock is currently owned by institutional investors.

United States Oil Fund Stock Up 1.6%

NYSEARCA:USO opened at $72.87 on Tuesday. United States Oil Fund LP has a 12 month low of $60.67 and a 12 month high of $84.58. The firm has a market cap of $875.90 million, a price-to-earnings ratio of 19.22 and a beta of 0.93. The company’s 50 day moving average is $74.56 and its 200-day moving average is $72.56.

About United States Oil Fund

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.