Roman Butler Fullerton & Co. Makes New $1.14 Million Investment in United States Oil Fund LP $USO

Roman Butler Fullerton & Co. purchased a new position in shares of United States Oil Fund LP (NYSEARCA:USO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,065 shares of the company’s stock, valued at approximately $1,136,000. Roman Butler Fullerton & Co. owned approximately 0.06% of United States Oil Fund as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp raised its stake in United States Oil Fund by 11.6% during the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock worth $142,000 after buying an additional 116 shares during the period. International Assets Investment Management LLC grew its stake in United States Oil Fund by 5.6% in the first quarter. International Assets Investment Management LLC now owns 2,371 shares of the company’s stock valued at $294,000 after acquiring an additional 126 shares during the period. HB Wealth Management LLC grew its stake in United States Oil Fund by 4.0% in the first quarter. HB Wealth Management LLC now owns 4,318 shares of the company’s stock valued at $549,000 after acquiring an additional 168 shares during the period. Sepio Capital LP grew its stake in United States Oil Fund by 9.0% in the third quarter. Sepio Capital LP now owns 2,181 shares of the company’s stock valued at $318,000 after acquiring an additional 181 shares during the period. Finally, Parallel Advisors LLC acquired a new position in United States Oil Fund in the first quarter valued at about $57,000. Institutional investors and hedge funds own 67.47% of the company’s stock.

Insider Buying and Selling at United States Oil Fund

In other United States Oil Fund news, major shareholder Financial Lp Hrt acquired 101,212 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of $158.02 per share, for a total transaction of $15,993,520.24. Following the acquisition, the insider directly owned 61,589 shares of the company’s stock, valued at approximately $9,732,293.78. This trade represents a -255.44% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders bought 148,833 shares of company stock worth $23,385,278 and sold 95,353 shares worth $14,737,344.

United States Oil Fund Price Performance

Shares of United States Oil Fund stock opened at $163.88 on Wednesday. United States Oil Fund LP has a 1 year low of $65.99 and a 1 year high of $169.96. The business has a 50-day moving average of $147.94 and a two-hundred day moving average of $121.80. The company has a market capitalization of $1.84 billion, a P/E ratio of 19.22 and a beta of 0.01.

United States Oil Fund Profile

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.