Caption Management LLC Buys Shares of 75,200 United States Oil Fund LP $USO

Caption Management LLC bought a new stake in United States Oil Fund LP (NYSEARCA:USO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 75,200 shares of the company’s stock, valued at approximately $5,201,000. Caption Management LLC owned 0.57% of United States Oil Fund as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cetera Investment Advisers boosted its position in shares of United States Oil Fund by 50.8% during the fourth quarter. Cetera Investment Advisers now owns 16,809 shares of the company’s stock worth $1,163,000 after buying an additional 5,662 shares during the period. Kovack Advisors Inc. acquired a new position in shares of United States Oil Fund during the fourth quarter worth approximately $307,000. Advisory Services Network LLC boosted its position in shares of United States Oil Fund by 390.1% during the fourth quarter. Advisory Services Network LLC now owns 3,823 shares of the company’s stock worth $264,000 after buying an additional 3,043 shares during the period. Global Endowment Management LP acquired a new position in shares of United States Oil Fund during the fourth quarter worth approximately $346,000. Finally, Kestra Advisory Services LLC boosted its position in shares of United States Oil Fund by 42.1% during the fourth quarter. Kestra Advisory Services LLC now owns 31,133 shares of the company’s stock worth $2,153,000 after buying an additional 9,230 shares during the period. 67.47% of the stock is currently owned by institutional investors and hedge funds.

United States Oil Fund Trading Down 1.1%

Shares of NYSEARCA USO opened at $114.23 on Thursday. The stock has a 50 day simple moving average of $134.01 and a 200-day simple moving average of $102.35. The company has a market cap of $1.54 billion, a PE ratio of 19.22 and a beta of -0.04. United States Oil Fund LP has a 12-month low of $65.99 and a 12-month high of $154.08.

More United States Oil Fund News

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

• Positive Sentiment: U.S. crude inventories fell for a 10th straight week to the lowest level since 1985, while API/EIA data also showed a sharper-than-expected weekly draw and strong refinery runs. Tighter U.S. supply is a bullish offset for oil prices and can support USO. Article Title
• Positive Sentiment: Potential Tropical Cyclone One formed off the Texas coast, threatening flooding along the Gulf energy corridor, which could disrupt drilling, refining, and transport if it worsens. Article Title
• Neutral Sentiment: Oil tried to rebound intraday, but momentum faded as traders remained focused on Middle East headlines and technical trading. Article Title
• Neutral Sentiment: Markets are still assessing whether the U.S.-Iran framework deal truly restores Strait of Hormuz flows quickly; the uncertainty is keeping price action volatile rather than clearly directional. Article Title
• Negative Sentiment: Multiple reports say the U.S.-Iran deal and reopening of Hormuz could lift supply, with Middle East crude slipping to discounts and Goldman Sachs/Morgan Stanley cutting oil-price forecasts. That is bearish for crude-linked funds like USO. Article Title
• Negative Sentiment: Reports that Iran may immediately resume oil sales and that tanker traffic is already moving through the area reinforce the view that sanctions risk and supply disruption could fade, weighing on oil prices. Article Title

United States Oil Fund Company Profile

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.