SG Americas Securities LLC Has $178,000 Holdings in United States Oil Fund LP (NYSEARCA:USO)

SG Americas Securities LLC increased its holdings in shares of United States Oil Fund LP (NYSEARCA:USO) by 47.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,548 shares of the company’s stock after acquiring an additional 822 shares during the period. SG Americas Securities LLC’s holdings in United States Oil Fund were worth $178,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Daiwa Securities Group Inc. raised its stake in shares of United States Oil Fund by 0.8% in the 1st quarter. Daiwa Securities Group Inc. now owns 26,000 shares of the company’s stock valued at $2,047,000 after purchasing an additional 200 shares during the period. Founders Financial Securities LLC boosted its holdings in shares of United States Oil Fund by 7.2% in the 2nd quarter. Founders Financial Securities LLC now owns 5,193 shares of the company’s stock valued at $413,000 after purchasing an additional 350 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in United States Oil Fund by 13.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 3,319 shares of the company’s stock valued at $264,000 after purchasing an additional 400 shares during the last quarter. Clear Investment Research LLC grew its holdings in shares of United States Oil Fund by 44.3% during the second quarter. Clear Investment Research LLC now owns 1,589 shares of the company’s stock worth $126,000 after purchasing an additional 488 shares during the last quarter. Finally, Creative Planning raised its position in United States Oil Fund by 7.7% during the 2nd quarter. Creative Planning now owns 11,840 shares of the company’s stock worth $942,000 after purchasing an additional 849 shares during the last quarter.

United States Oil Fund Stock Down 0.6 %

Shares of NYSEARCA USO opened at $73.55 on Thursday. The firm has a market cap of $1.27 billion, a PE ratio of 22.97 and a beta of 0.10. United States Oil Fund LP has a 12-month low of $63.84 and a 12-month high of $83.41. The company’s fifty day simple moving average is $73.15 and its 200 day simple moving average is $76.01.

United States Oil Fund Company 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.