Harvest Fund Management Co. Ltd boosted its stake in United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report) by 75.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,232 shares of the company’s stock after acquiring an additional 83,232 shares during the period. Harvest Fund Management Co. Ltd owned 4.68% of United States Brent Oil Fund worth $5,775,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in BNO. Spire Wealth Management acquired a new stake in shares of United States Brent Oil Fund during the fourth quarter worth $27,000. Ignite Planners LLC raised its holdings in shares of United States Brent Oil Fund by 14.7% during the fourth quarter. Ignite Planners LLC now owns 20,847 shares of the company’s stock worth $645,000 after purchasing an additional 2,665 shares during the period. AdvisorNet Financial Inc acquired a new stake in shares of United States Brent Oil Fund during the fourth quarter worth $135,000. Daiwa Securities Group Inc. raised its holdings in shares of United States Brent Oil Fund by 8.3% during the third quarter. Daiwa Securities Group Inc. now owns 70,100 shares of the company’s stock worth $1,985,000 after purchasing an additional 5,400 shares during the period. Finally, Virtu Financial LLC raised its holdings in shares of United States Brent Oil Fund by 93.9% during the third quarter. Virtu Financial LLC now owns 14,828 shares of the company’s stock worth $420,000 after purchasing an additional 7,182 shares during the period.
United States Brent Oil Fund Price Performance
Shares of NYSEARCA:BNO opened at $29.18 on Wednesday. United States Brent Oil Fund LP has a 1-year low of $26.77 and a 1-year high of $33.91. The company’s fifty day moving average is $30.72 and its two-hundred day moving average is $29.81.
About United States Brent Oil Fund
The United States Brent Oil Fund, LP (BNO) is an exchange-traded fund that is based on the Front Month Brent Crude Oil index. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is managed by US Commodity Funds.
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