36,729 Shares in United States Oil Fund LP $USO Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC purchased a new stake in United States Oil Fund LP (NYSEARCA:USOFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 36,729 shares of the company’s stock, valued at approximately $2,709,000. Compass Wealth Management LLC owned approximately 0.27% of United States Oil Fund as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of United States Oil Fund in the second quarter worth approximately $38,000. Financial Consulate Inc. purchased a new position in United States Oil Fund in the 3rd quarter worth approximately $42,000. Farther Finance Advisors LLC increased its holdings in shares of United States Oil Fund by 1,428.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 642 shares of the company’s stock worth $47,000 after buying an additional 600 shares during the last quarter. Harbour Investments Inc. raised its position in shares of United States Oil Fund by 37.1% during the 2nd quarter. Harbour Investments Inc. now owns 831 shares of the company’s stock valued at $61,000 after buying an additional 225 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of United States Oil Fund by 22.8% during the 3rd quarter. Global Retirement Partners LLC now owns 1,132 shares of the company’s stock valued at $83,000 after buying an additional 210 shares in the last quarter. Institutional investors own 67.47% of the company’s stock.

Key Headlines Impacting United States Oil Fund

Here are the key news stories impacting United States Oil Fund this week:

United States Oil Fund Stock Performance

Shares of NYSEARCA:USO opened at $73.48 on Tuesday. The firm has a market capitalization of $1.07 billion, a PE ratio of 19.22 and a beta of 0.40. United States Oil Fund LP has a 52-week low of $60.67 and a 52-week high of $83.57. The firm has a fifty day moving average of $70.30 and a 200 day moving average of $72.42.

United States Oil Fund Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United States Oil Fund (NYSEARCA:USO)

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