United States 12 Month Oil Fund (NYSEARCA:USL) Trading Down 0.7% – What’s Next?

United States 12 Month Oil Fund LP (NYSEARCA:USLGet Free Report)’s share price was down 0.7% on Tuesday . The stock traded as low as $35.76 and last traded at $35.81. Approximately 36,117 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 15,749 shares. The stock had previously closed at $36.08.

United States 12 Month Oil Fund Stock Performance

The firm has a 50 day simple moving average of $34.63 and a 200-day simple moving average of $34.91.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of United States 12 Month Oil Fund by 234.5% during the first quarter. Jane Street Group LLC now owns 33,593 shares of the company’s stock valued at $1,283,000 after acquiring an additional 23,551 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings 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 worth $1,143,000 after acquiring an additional 9,373 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of United States 12 Month Oil Fund by 16.8% during the 2nd quarter. Osaic Holdings Inc. now owns 6,700 shares of the company’s stock worth $235,000 after purchasing an additional 962 shares during the period. Finally, Roxbury Financial LLC increased its holdings in United States 12 Month Oil Fund by 129.5% in the 4th 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 during the last quarter.

United States 12 Month Oil Fund Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for United States 12 Month Oil Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States 12 Month Oil Fund and related companies with MarketBeat.com's FREE daily email newsletter.