Virtu Financial LLC raised its stake in United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report) by 93.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,828 shares of the company’s stock after purchasing an additional 7,182 shares during the period. Virtu Financial LLC’s holdings in United States Brent Oil Fund were worth $420,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its position in shares of United States Brent Oil Fund by 41.0% during the second quarter. Fifth Third Bancorp now owns 14,100 shares of the company’s stock worth $453,000 after purchasing an additional 4,100 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in United States Brent Oil Fund by 11.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 64,700 shares of the company’s stock worth $2,080,000 after buying an additional 6,800 shares during the last quarter. Ignite Planners LLC acquired a new position in United States Brent Oil Fund during the third quarter worth approximately $515,000. International Assets Investment Management LLC lifted its stake in United States Brent Oil Fund by 2,731.0% in the third quarter. International Assets Investment Management LLC now owns 4,756 shares of the company’s stock valued at $135,000 after buying an additional 4,588 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of United States Brent Oil Fund by 16.1% in the third quarter. Harvest Fund Management Co. Ltd now owns 111,000 shares of the company’s stock valued at $3,142,000 after acquiring an additional 15,371 shares during the period.
United States Brent Oil Fund Stock Up 1.2 %
Shares of United States Brent Oil Fund stock opened at $29.83 on Monday. The firm’s fifty day simple moving average is $29.43 and its 200-day simple moving average is $30.08. United States Brent Oil Fund LP has a 12 month low of $26.76 and a 12 month high of $33.91.
United States Brent Oil Fund Profile
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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