Psagot Investment House Ltd. Has $808,000 Stake in United States Oil Fund LP (USO)

Psagot Investment House Ltd. increased its position in United States Oil Fund LP (NYSEARCA:USO) by 2,439.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,050 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Psagot Investment House Ltd.’s holdings in United States Oil Fund were worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Gradient Investments LLC purchased a new position in shares of United States Oil Fund in the third quarter valued at $104,000. Stratos Wealth Partners LTD. acquired a new stake in United States Oil Fund in the third quarter valued at $145,000. GWM Advisors LLC acquired a new stake in United States Oil Fund in the second quarter valued at $173,000. Flagship Harbor Advisors LLC acquired a new stake in United States Oil Fund in the second quarter valued at $189,000. Finally, BTG Pactual Global Asset Management Ltd acquired a new stake in United States Oil Fund in the second quarter valued at $210,000.

USO opened at $13.06 on Thursday. United States Oil Fund LP has a 12-month low of $11.02 and a 12-month high of $16.24.

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United States Oil Fund Company Profile

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.

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Institutional Ownership by Quarter for United States Oil Fund (NYSEARCA:USO)

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