Cypress Capital Management LLC WY Sells 150 Shares of United States Oil Fund LP (NYSEARCA:USO)

Cypress Capital Management LLC WY lessened its holdings in United States Oil Fund LP (NYSEARCA:USO) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,120 shares of the company’s stock after selling 150 shares during the quarter. Cypress Capital Management LLC WY’s holdings in United States Oil Fund were worth $75,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Daiwa Securities Group Inc. raised its position in United States Oil Fund by 18.3% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,800 shares of the company’s stock worth $1,720,000 after acquiring an additional 4,000 shares in the last quarter. International Assets Investment Management LLC raised its position in United States Oil Fund by 8,512.4% during the fourth quarter. International Assets Investment Management LLC now owns 222,544 shares of the company’s stock worth $14,833,000 after acquiring an additional 219,960 shares in the last quarter. Allworth Financial LP raised its position in United States Oil Fund by 299.6% during the fourth quarter. Allworth Financial LP now owns 3,001 shares of the company’s stock worth $200,000 after acquiring an additional 2,250 shares in the last quarter. Scotia Capital Inc. bought a new stake in United States Oil Fund during the third quarter worth $666,000. Finally, Mariner LLC raised its position in United States Oil Fund by 58.5% during the third quarter. Mariner LLC now owns 13,117 shares of the company’s stock worth $1,061,000 after acquiring an additional 4,840 shares in the last quarter.

United States Oil Fund Trading Down 1.1 %

Shares of NYSEARCA:USO traded down $0.87 on Monday, hitting $79.52. The company had a trading volume of 3,601,302 shares, compared to its average volume of 4,599,042. United States Oil Fund LP has a 1-year low of $59.78 and a 1-year high of $83.41. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 24.70 and a beta of 0.19. The stock has a 50 day moving average price of $77.36 and a 200 day moving average price of $73.22.

About United States Oil Fund

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.