United States 12 Month Oil Fund (NYSEARCA:USL) Trading Up 0.2% – Here’s What Happened

United States 12 Month Oil Fund LP (NYSEARCA:USLGet Free Report)’s stock price traded up 0.2% on Wednesday . The company traded as high as $51.76 and last traded at $50.95. Approximately 4,064 shares were traded during trading, a decline of 87% from the average daily volume of 31,426 shares. The stock had previously closed at $50.83.

United States 12 Month Oil Fund Stock Performance

The firm’s 50 day moving average is $48.89 and its two-hundred day moving average is $48.27.

Institutional Trading of United States 12 Month Oil Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Continuum Advisory LLC acquired a new position in United States 12 Month Oil Fund during the 2nd quarter valued at approximately $43,000. Osaic Holdings Inc. increased its position in United States 12 Month Oil Fund by 16.8% in the second 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. Flow Traders U.S. LLC lifted its stake in United States 12 Month Oil Fund by 41.3% in the third quarter. Flow Traders U.S. LLC now owns 32,095 shares of the company’s stock valued at $1,143,000 after buying an additional 9,373 shares during the last quarter. Jane Street Group LLC boosted its holdings 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 period. Finally, Virtu Financial LLC acquired a new position in shares of United States 12 Month Oil Fund during the fourth quarter valued at $1,523,000.

About United States 12 Month Oil Fund

(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.

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