United States 12 Month Oil Fund LP (NYSEARCA:USL – Get Free Report) shares traded up 0.2% during trading on Wednesday. The company traded as high as $58.44 and last traded at $57.81. Approximately 7,609 shares were traded during trading, a decline of 73% from the average session volume of 27,851 shares. The stock had previously closed at $57.69.
United States 12 Month Oil Fund Trading Up 0.2%
The business’s 50 day moving average is $53.56 and its two-hundred day moving average is $51.37.
Hedge Funds Weigh In On United States 12 Month Oil Fund
Several large investors have recently bought and sold shares of USL. Virtu Financial LLC bought a new stake in United States 12 Month Oil Fund in the fourth quarter worth about $1,523,000. Integrated Wealth Concepts LLC bought a new position in shares of United States 12 Month Oil Fund during the 2nd quarter valued at about $92,000. Finally, Continuum Advisory LLC bought a new position in shares of United States 12 Month Oil Fund during the 2nd quarter valued at about $43,000.
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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