Himension Capital Singapore PTE. LTD. Has $3.05 Million Position in United States Oil Fund LP (NYSEARCA:USO)

Himension Capital Singapore PTE. LTD. raised its position in United States Oil Fund LP (NYSEARCA:USO) by 17.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,314 shares of the company’s stock after buying an additional 6,044 shares during the quarter. Himension Capital Singapore PTE. LTD. owned 0.23% of United States Oil Fund worth $3,046,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in USO. IFP Advisors Inc raised its position in shares of United States Oil Fund by 35.4% in the fourth quarter. IFP Advisors Inc now owns 765 shares of the company’s stock valued at $58,000 after buying an additional 200 shares in the last quarter. National Bank of Canada FI raised its holdings in United States Oil Fund by 35.1% in the 4th quarter. National Bank of Canada FI now owns 770 shares of the company’s stock valued at $58,000 after acquiring an additional 200 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in shares of United States Oil Fund during the 4th quarter valued at $25,000. Cavalier Investments LLC grew its holdings in shares of United States Oil Fund by 3.5% during the 4th quarter. Cavalier Investments LLC now owns 12,022 shares of the company’s stock worth $908,000 after purchasing an additional 405 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of United States Oil Fund in the third quarter worth $31,000.

United States Oil Fund Stock Down 6.0 %

USO opened at $67.92 on Friday. The stock has a market capitalization of $911.49 million, a price-to-earnings ratio of 23.33 and a beta of 0.06. United States Oil Fund LP has a twelve month low of $65.50 and a twelve month high of $84.58. The company has a 50-day simple moving average of $74.96 and a 200 day simple moving average of $74.48.

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.