5,100 Shares in United States Oil Fund LP (NYSEARCA:USO) Purchased by Cerity Partners LLC

Cerity Partners LLC bought a new position in shares of United States Oil Fund LP (NYSEARCA:USO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,100 shares of the company’s stock, valued at approximately $340,000.

Other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. acquired a new stake in United States Oil Fund during the third quarter valued at approximately $20,410,000. International Assets Investment Management LLC boosted its holdings in United States Oil Fund by 8,512.4% during the fourth quarter. International Assets Investment Management LLC now owns 222,544 shares of the company’s stock valued at $14,833,000 after purchasing an additional 219,960 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in United States Oil Fund by 7,335.2% during the third quarter. Tower Research Capital LLC TRC now owns 174,282 shares of the company’s stock valued at $14,092,000 after purchasing an additional 171,938 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in United States Oil Fund by 1.2% during the third quarter. Commonwealth Equity Services LLC now owns 30,893 shares of the company’s stock valued at $2,498,000 after purchasing an additional 362 shares in the last quarter. Finally, Mariner LLC boosted its holdings in United States Oil Fund by 58.5% during the third quarter. Mariner LLC now owns 13,117 shares of the company’s stock valued at $1,061,000 after purchasing an additional 4,840 shares in the last quarter.

United States Oil Fund Trading Down 0.1 %

NYSEARCA USO opened at $80.39 on Friday. The stock’s 50 day moving average is $77.22 and its two-hundred day moving average is $73.24. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 24.70 and a beta of 0.19. United States Oil Fund LP has a 1-year low of $59.78 and a 1-year high of $83.41.

United States Oil Fund 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.