United States 12 Month Oil Fund LP (NYSEARCA:USL – Get Free Report) was down 4.2% during trading on Tuesday . The stock traded as low as $47.71 and last traded at $48.20. Approximately 77,590 shares were traded during mid-day trading, an increase of 126% from the average daily volume of 34,313 shares. The stock had previously closed at $50.32.
United States 12 Month Oil Fund Price Performance
The company’s 50-day moving average price is $41.28 and its 200 day moving average price is $36.78.
Institutional Trading of United States 12 Month Oil Fund
Several institutional investors and hedge funds have recently bought and sold shares of USL. Virtu Financial LLC bought a new stake in United States 12 Month Oil Fund during the 4th quarter valued at approximately $1,523,000. Jane Street Group LLC lifted its stake in shares of United States 12 Month Oil Fund by 234.5% in the 1st quarter. Jane Street Group LLC now owns 33,593 shares of the company’s stock valued at $1,283,000 after purchasing an additional 23,551 shares during the period. Flow Traders U.S. LLC lifted its stake in shares of United States 12 Month Oil Fund by 41.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 32,095 shares of the company’s stock valued at $1,143,000 after purchasing an additional 9,373 shares during the period. Osaic Holdings Inc. boosted its position in shares of United States 12 Month Oil Fund by 16.8% during the second quarter. Osaic Holdings Inc. now owns 6,700 shares of the company’s stock valued at $235,000 after purchasing an additional 962 shares in the last quarter. Finally, Roxbury Financial LLC boosted its position in shares of United States 12 Month Oil Fund by 129.5% during the fourth quarter. Roxbury Financial LLC now owns 3,825 shares of the company’s stock valued at $127,000 after purchasing an additional 2,158 shares in the last quarter.
About United States 12 Month Oil Fund
The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.
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