United States 12 Month Oil Fund (NYSEARCA:USL) Stock Price Down 1.8% – What’s Next?

United States 12 Month Oil Fund LP (NYSEARCA:USLGet Free Report) was down 1.8% during trading on Wednesday . The company traded as low as $56.03 and last traded at $56.53. Approximately 5,816 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 29,587 shares. The stock had previously closed at $57.54.

United States 12 Month Oil Fund Price Performance

The company’s fifty day moving average is $51.41 and its two-hundred day moving average is $50.10.

Institutional Trading of United States 12 Month Oil Fund

Several large investors have recently made changes to their positions in the business. Continuum Advisory LLC acquired a new position in United States 12 Month Oil Fund in the second quarter valued at approximately $43,000. Integrated Wealth Concepts LLC purchased a new stake in United States 12 Month Oil Fund in the 2nd quarter worth approximately $92,000. Finally, Virtu Financial LLC acquired a new stake in shares of United States 12 Month Oil Fund during the 4th quarter worth approximately $1,523,000.

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.