Commonwealth Equity Services LLC Raises Stock Position in United States 12 Month Oil Fund LP (NYSEARCA:USL)

Commonwealth Equity Services LLC lifted its position in United States 12 Month Oil Fund LP (NYSEARCA:USL) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,341 shares of the company’s stock after purchasing an additional 385 shares during the period. Commonwealth Equity Services LLC’s holdings in United States 12 Month Oil Fund were worth $393,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Roxbury Financial LLC purchased a new stake in shares of United States 12 Month Oil Fund in the 4th quarter worth $61,000. Avantax Advisory Services Inc. raised its holdings in shares of United States 12 Month Oil Fund by 2.4% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,566 shares of the company’s stock valued at $440,000 after acquiring an additional 270 shares in the last quarter. Finally, Virtu Financial LLC raised its holdings in shares of United States 12 Month Oil Fund by 79.4% in the third quarter. Virtu Financial LLC now owns 33,820 shares of the company’s stock valued at $1,215,000 after acquiring an additional 14,967 shares in the last quarter.

United States 12 Month Oil Fund Trading Down 5.1 %

Shares of United States 12 Month Oil Fund stock opened at $34.06 on Monday. The firm’s 50-day moving average is $37.40 and its two-hundred day moving average is $37.48. United States 12 Month Oil Fund LP has a 1 year low of $33.00 and a 1 year high of $42.10.

United States 12 Month Oil Fund Company Profile

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.