International Assets Investment Management LLC lifted its position in United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report) by 2,731.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,756 shares of the company’s stock after buying an additional 4,588 shares during the quarter. International Assets Investment Management LLC owned approximately 0.11% of United States Brent Oil Fund worth $135,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in United States Brent Oil Fund in the 1st quarter worth approximately $48,000. Fifth Third Bancorp raised its position in shares of 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 worth $453,000 after buying an additional 4,100 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in United States Brent Oil Fund by 340.2% during the first quarter. BNP Paribas Financial Markets now owns 16,447 shares of the company’s stock valued at $525,000 after buying an additional 12,711 shares during the period. Ignite Planners LLC purchased a new position in United States Brent Oil Fund during the third quarter worth about $515,000. Finally, Daiwa Securities Group Inc. increased its stake in United States Brent Oil Fund by 11.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 64,700 shares of the company’s stock worth $2,080,000 after acquiring an additional 6,800 shares during the last quarter.
United States Brent Oil Fund Trading Up 0.2 %
Shares of BNO opened at $30.02 on Friday. United States Brent Oil Fund LP has a 12-month low of $25.92 and a 12-month high of $33.91. The stock has a 50-day moving average price of $29.27 and a 200-day moving average price of $30.50.
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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