Harvest Fund Management Co. Ltd Purchases 15,371 Shares of United States Brent Oil Fund LP (NYSEARCA:BNO)

Harvest Fund Management Co. Ltd increased its position in United States Brent Oil Fund LP (NYSEARCA:BNO) by 16.1% in the third quarter, Holdings Channel.com reports. The firm owned 111,000 shares of the company’s stock after acquiring an additional 15,371 shares during the period. Harvest Fund Management Co. Ltd’s holdings in United States Brent Oil Fund were worth $3,142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp grew its holdings in shares of United States Brent Oil Fund by 41.0% in the 2nd quarter. Fifth Third Bancorp now owns 14,100 shares of the company’s stock valued at $453,000 after buying an additional 4,100 shares during the period. International Assets Investment Management LLC grew 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 acquiring an additional 4,588 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of United States Brent Oil Fund by 8.3% in the third quarter. Daiwa Securities Group Inc. now owns 70,100 shares of the company’s stock worth $1,985,000 after acquiring an additional 5,400 shares in the last quarter. Finally, Ignite Planners LLC acquired a new stake in shares of United States Brent Oil Fund during the third quarter worth about $515,000.

United States Brent Oil Fund Trading Up 0.8 %

Shares of BNO opened at $29.82 on Monday. The stock has a 50 day simple moving average of $29.42 and a 200 day simple moving average of $30.28. United States Brent Oil Fund LP has a 52-week low of $25.92 and a 52-week high of $33.91.

About United States Brent Oil Fund

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.