Cambridge Investment Research Advisors Inc. Has $3.82 Million Stock Holdings in United States Brent Oil Fund LP (NYSEARCA:BNO)

Cambridge Investment Research Advisors Inc. trimmed its stake in shares of United States Brent Oil Fund LP (NYSEARCA:BNO) by 11.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,605 shares of the company’s stock after selling 24,767 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in United States Brent Oil Fund were worth $3,823,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in BNO. Danda Trouve Investment Management Inc. acquired a new position in United States Brent Oil Fund during the 2nd quarter worth approximately $31,000. HRT Financial LP acquired a new position in United States Brent Oil Fund in the 1st quarter valued at approximately $159,000. Private Advisory Group LLC acquired a new position in United States Brent Oil Fund in the 2nd quarter valued at approximately $223,000. HighTower Advisors LLC acquired a new position in United States Brent Oil Fund in the 1st quarter valued at approximately $248,000. Finally, Commonwealth Equity Services LLC increased its position in United States Brent Oil Fund by 68.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 24,875 shares of the company’s stock valued at $395,000 after acquiring an additional 10,085 shares during the period.

Shares of NYSEARCA BNO opened at $19.45 on Wednesday. United States Brent Oil Fund LP has a 52-week low of $9.34 and a 52-week high of $19.88. The firm has a 50 day moving average price of $18.69 and a two-hundred day moving average price of $17.93.

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Institutional Ownership by Quarter for United States Brent Oil Fund (NYSEARCA:BNO)

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