Jane Street Group LLC Sells 74,502 Shares of United States 12 Month Oil Fund LP (NYSEARCA:USL)

Jane Street Group LLC lowered its stake in United States 12 Month Oil Fund LP (NYSEARCA:USL) by 86.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,283 shares of the company’s stock after selling 74,502 shares during the quarter. Jane Street Group LLC owned 0.71% of United States 12 Month Oil Fund worth $405,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Virtu Financial LLC lifted its stake in United States 12 Month Oil Fund by 14.5% in the second quarter. Virtu Financial LLC now owns 18,853 shares of the company’s stock worth $764,000 after acquiring an additional 2,385 shares during the period. Flow Traders U.S. LLC raised its holdings in United States 12 Month Oil Fund by 323.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 24,965 shares of the company’s stock worth $897,000 after purchasing an additional 19,070 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in shares of United States 12 Month Oil Fund by 94.6% in the 2nd quarter. Bank of Montreal Can now owns 24,686 shares of the company’s stock worth $1,004,000 after purchasing an additional 12,003 shares during the period.

United States 12 Month Oil Fund Stock Up 0.9 %

Shares of USL opened at $39.05 on Wednesday. United States 12 Month Oil Fund LP has a 1-year low of $34.01 and a 1-year high of $42.10. The firm’s 50-day moving average price is $37.06 and its 200-day moving average price is $37.83.

United States 12 Month Oil Fund Profile

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.