Tower Research Capital LLC TRC Invests $42,000 in United States Brent Oil Fund LP (NYSEARCA:BNO)

Tower Research Capital LLC TRC purchased a new position in United States Brent Oil Fund LP (NYSEARCA:BNO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,527 shares of the company’s stock, valued at approximately $42,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new position in United States Brent Oil Fund during the 4th quarter worth $54,000. International Assets Investment Management LLC increased its holdings in United States Brent Oil Fund by 2,631.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,588 shares of the company’s stock worth $125,000 after purchasing an additional 4,420 shares during the period. Stratos Wealth Partners LTD. purchased a new position in United States Brent Oil Fund during the 3rd quarter worth $218,000. National Bank of Canada FI purchased a new position in United States Brent Oil Fund during the 4th quarter worth $259,000. Finally, IMC Chicago LLC increased its holdings in United States Brent Oil Fund by 253.7% during the 4th quarter. IMC Chicago LLC now owns 36,223 shares of the company’s stock worth $989,000 after purchasing an additional 25,981 shares during the period.

United States Brent Oil Fund Trading Up 0.3 %

Shares of NYSEARCA:BNO traded up $0.08 on Thursday, reaching $31.10. The company had a trading volume of 733,356 shares, compared to its average volume of 594,525. United States Brent Oil Fund LP has a 52-week low of $24.02 and a 52-week high of $33.91. The firm’s 50 day simple moving average is $31.55 and its 200-day simple moving average is $29.75.

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.