IMC Chicago LLC Has $989,000 Stock Position in United States Brent Oil Fund LP (NYSEARCA:BNO)

IMC Chicago LLC lifted its stake in United States Brent Oil Fund LP (NYSEARCA:BNO) by 253.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,223 shares of the company’s stock after purchasing an additional 25,981 shares during the quarter. IMC Chicago LLC owned 0.59% of United States Brent Oil Fund worth $989,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of BNO. National Bank of Canada FI purchased a new stake in shares of United States Brent Oil Fund during the 4th quarter worth about $259,000. Daiwa Securities Group Inc. raised its stake in shares of United States Brent Oil Fund by 17.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 57,000 shares of the company’s stock worth $1,557,000 after purchasing an additional 8,300 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of 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 in the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in shares of United States Brent Oil Fund during the 4th quarter worth about $54,000.

United States Brent Oil Fund Stock Up 0.9 %

Shares of BNO stock traded up $0.27 during trading on Thursday, reaching $30.71. The company had a trading volume of 117,268 shares, compared to its average volume of 580,667. The firm’s 50 day simple moving average is $31.86 and its two-hundred day simple moving average is $29.74. United States Brent Oil Fund LP has a one year low of $24.19 and a one year high of $33.91.

United States Brent Oil Fund Company 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.