Virtu Financial LLC increased its holdings in United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report) by 93.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 14,828 shares of the company’s stock after acquiring an additional 7,182 shares during the period. Virtu Financial LLC owned approximately 0.36% of United States Brent Oil Fund worth $420,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BNO. International Assets Investment Management LLC raised its stake in shares of United States Brent Oil Fund by 2,731.0% in the 3rd 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. Fifth Third Bancorp raised its position in United States Brent Oil Fund by 41.0% in the second quarter. Fifth Third Bancorp now owns 14,100 shares of the company’s stock valued at $453,000 after purchasing an additional 4,100 shares during the period. BNP Paribas Financial Markets acquired a new position in United States Brent Oil Fund during the third quarter worth $425,000. Ignite Planners LLC purchased a new position in shares of United States Brent Oil Fund during the third quarter worth $515,000. Finally, Daiwa Securities Group Inc. grew its stake in shares of United States Brent Oil Fund by 11.7% in the second quarter. Daiwa Securities Group Inc. now owns 64,700 shares of the company’s stock valued at $2,080,000 after buying an additional 6,800 shares in the last quarter.
United States Brent Oil Fund Price Performance
BNO opened at $29.83 on Monday. The stock’s 50-day moving average price is $29.43 and its 200 day moving average price 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.
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.
Featured Articles
- Five stocks we like better than United States Brent Oil Fund
- Market Cap Calculator: How to Calculate Market Cap
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- 3 Warren Buffett Stocks to Buy Now
- Texas Instruments: The Old-School Tech Titan Still Delivering
Want to see what other hedge funds are holding BNO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report).
Receive News & Ratings for United States Brent Oil Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Brent Oil Fund and related companies with MarketBeat.com's FREE daily email newsletter.