Three Seasons Wealth LLC Makes New Investment in United States Oil Fund LP $USO

Three Seasons Wealth LLC bought a new stake in shares of United States Oil Fund LP (NYSEARCA:USO) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,227 shares of the company’s stock, valued at approximately $556,000.

Other large investors also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. bought a new stake in shares of United States Oil Fund during the first quarter worth approximately $1,749,000. Bank of America Corp DE raised its position in shares of United States Oil Fund by 117.1% during the 1st quarter. Bank of America Corp DE now owns 143,881 shares of the company’s stock valued at $18,309,000 after acquiring an additional 77,617 shares during the last quarter. Professional Financial Advisors LLC acquired a new position in shares of United States Oil Fund in the 2nd quarter valued at $1,178,000. Harvest Fund Management Co. Ltd lifted its stake in shares of United States Oil Fund by 33.9% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock valued at $17,030,000 after purchasing an additional 60,569 shares during the period. Finally, Arkadios Wealth Advisors bought a new position in shares of United States Oil Fund in the 1st quarter worth $5,326,000. 67.47% of the stock is currently owned by institutional investors and hedge funds.

United States Oil Fund Stock Down 0.1%

Shares of United States Oil Fund stock opened at $141.96 on Friday. United States Oil Fund LP has a 12 month low of $65.99 and a 12 month high of $154.08. The business has a fifty day simple moving average of $123.85 and a 200 day simple moving average of $122.13. The stock has a market cap of $2.22 billion, a PE ratio of 19.22 and a beta of -0.02.

About United States Oil Fund

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.