Bollard Group LLC lowered its holdings in United States Oil Fund LP (NYSE:USO) by 48.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 344,250 shares of the exchange traded fund’s stock after selling 325,500 shares during the period. Bollard Group LLC’s holdings in United States Oil Fund were worth $3,591,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in USO. Clal Insurance Enterprises Holdings Ltd acquired a new position in United States Oil Fund in the second quarter valued at $85,220,000. OxFORD Asset Management LLP acquired a new position in United States Oil Fund in the second quarter valued at $15,019,000. Commerzbank Aktiengesellschaft FI boosted its holdings in United States Oil Fund by 64.7% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 2,691,042 shares of the exchange traded fund’s stock valued at $25,565,000 after acquiring an additional 1,057,112 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in United States Oil Fund by 4,361.0% in the second quarter. Daiwa Securities Group Inc. now owns 914,500 shares of the exchange traded fund’s stock valued at $8,687,000 after acquiring an additional 894,000 shares during the last quarter. Finally, Virtu KCG Holdings LLC boosted its holdings in United States Oil Fund by 325.9% in the second quarter. Virtu KCG Holdings LLC now owns 632,634 shares of the exchange traded fund’s stock valued at $6,010,000 after acquiring an additional 484,108 shares during the last quarter.

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Shares of United States Oil Fund LP (NYSE:USO) traded up 0.37% on Tuesday, reaching $10.91. The company had a trading volume of 7,652,518 shares. United States Oil Fund LP has a 52-week low of $8.65 and a 52-week high of $12.00. The company has a 50 day moving average price of $10.32 and a 200 day moving average price of $9.93.

About United States Oil Fund

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.

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Institutional Ownership by Quarter for United States Oil Fund (NYSE:USO)

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