33,300 Shares in United States Oil Fund LP (NYSEARCA:USO) Bought by TOMS Capital Investment Management LP

TOMS Capital Investment Management LP purchased a new position in United States Oil Fund LP (NYSEARCA:USO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,300 shares of the company’s stock, valued at approximately $2,328,000. United States Oil Fund accounts for approximately 0.1% of TOMS Capital Investment Management LP’s investment portfolio, making the stock its 16th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CENTRAL TRUST Co bought a new stake in shares of United States Oil Fund during the third quarter valued at approximately $104,000. Clear Investment Research LLC increased its stake in United States Oil Fund by 44.3% during the 2nd quarter. Clear Investment Research LLC now owns 1,589 shares of the company’s stock valued at $126,000 after purchasing an additional 488 shares in the last quarter. SG Americas Securities LLC raised its holdings in United States Oil Fund by 47.6% during the third quarter. SG Americas Securities LLC now owns 2,548 shares of the company’s stock worth $178,000 after buying an additional 822 shares during the last quarter. CWM LLC lifted its stake in shares of United States Oil Fund by 134.2% in the third quarter. CWM LLC now owns 2,558 shares of the company’s stock valued at $179,000 after buying an additional 1,466 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of United States Oil Fund in the third quarter valued at $235,000.

United States Oil Fund Price Performance

NYSEARCA:USO opened at $71.61 on Monday. United States Oil Fund LP has a one year low of $63.84 and a one year high of $83.41. The company has a market cap of $1.24 billion, a PE ratio of 22.97 and a beta of 0.10. The firm has a 50-day moving average of $72.89 and a 200-day moving average of $74.79.

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.