Greenwich Wealth Management LLC Invests $200,000 in United States 12 Month Oil Fund LP (NYSEARCA:USL)

Greenwich Wealth Management LLC acquired a new stake in United States 12 Month Oil Fund LP (NYSEARCA:USL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,264 shares of the company’s stock, valued at approximately $200,000. Greenwich Wealth Management LLC owned approximately 0.33% of United States 12 Month Oil Fund at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Virtu Financial LLC raised its holdings in shares of United States 12 Month Oil Fund by 79.4% in the 3rd quarter. Virtu Financial LLC now owns 33,820 shares of the company’s stock valued at $1,215,000 after purchasing an additional 14,967 shares in the last quarter. Flow Traders U.S. LLC raised its stake in United States 12 Month Oil Fund by 323.5% in the third quarter. Flow Traders U.S. LLC now owns 24,965 shares of the company’s stock worth $897,000 after buying an additional 19,070 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in United States 12 Month Oil Fund by 2.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,566 shares of the company’s stock worth $440,000 after buying an additional 270 shares during the period. Commonwealth Equity Services LLC boosted its position in United States 12 Month Oil Fund by 3.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,341 shares of the company’s stock valued at $393,000 after acquiring an additional 385 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of United States 12 Month Oil Fund in the 4th quarter valued at $61,000.

United States 12 Month Oil Fund Stock Performance

Shares of NYSEARCA USL opened at $36.17 on Monday. United States 12 Month Oil Fund LP has a 1-year low of $34.01 and a 1-year high of $42.10. The business has a fifty day moving average price of $38.16 and a 200 day moving average price of $37.39.

United States 12 Month Oil Fund Company Profile

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.