United States 12 Month Oil Fund LP (NYSEARCA:USL – Get Free Report)’s share price traded up 1.9% on Tuesday . The stock traded as high as $35.87 and last traded at $35.87. 4,324 shares changed hands during trading, a decline of 68% from the average session volume of 13,396 shares. The stock had previously closed at $35.21.
United States 12 Month Oil Fund Stock Up 1.9%
The stock’s fifty day moving average price is $33.88 and its 200-day moving average price is $34.93.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. boosted its position in United States 12 Month Oil Fund by 3,200.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,000 shares of the company’s stock worth $1,159,000 after purchasing an additional 32,000 shares during the period. Roxbury Financial LLC lifted its stake in shares of United States 12 Month Oil Fund by 129.5% during the 4th quarter. Roxbury Financial LLC now owns 3,825 shares of the company’s stock worth $127,000 after buying an additional 2,158 shares during the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of United States 12 Month Oil Fund by 41.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 32,095 shares of the company’s stock worth $1,143,000 after buying an additional 9,373 shares during the period. Osaic Holdings Inc. boosted its holdings 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 buying an additional 962 shares during the period. Finally, Jane Street Group LLC grew its stake in United States 12 Month Oil Fund by 234.5% in the 1st quarter. Jane Street Group LLC now owns 33,593 shares of the company’s stock valued at $1,283,000 after buying an additional 23,551 shares during the last quarter.
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.
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