Himension Capital Singapore PTE. LTD. Has $3.05 Million Holdings in United States Oil Fund LP (NYSEARCA:USO)

Himension Capital Singapore PTE. LTD. grew its holdings in shares of United States Oil Fund LP (NYSEARCA:USO) by 17.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,314 shares of the company’s stock after acquiring an additional 6,044 shares during the quarter. Himension Capital Singapore PTE. LTD.’s holdings in United States Oil Fund were worth $3,046,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of United States Oil Fund by 279,273.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 41,906 shares of the company’s stock valued at $2,930,000 after acquiring an additional 41,891 shares in the last quarter. IFP Advisors Inc raised its position in United States Oil Fund by 35.4% in the fourth quarter. IFP Advisors Inc now owns 765 shares of the company’s stock valued at $58,000 after purchasing an additional 200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of United States Oil Fund by 23.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,400 shares of the company’s stock valued at $853,000 after purchasing an additional 2,200 shares in the last quarter. Truist Financial Corp grew its holdings in shares of United States Oil Fund by 6.3% during the fourth quarter. Truist Financial Corp now owns 10,842 shares of the company’s stock worth $819,000 after purchasing an additional 645 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of United States Oil Fund by 55.8% in the fourth quarter. US Bancorp DE now owns 1,676 shares of the company’s stock valued at $127,000 after buying an additional 600 shares during the period.

United States Oil Fund Price Performance

NYSEARCA:USO opened at $67.92 on Friday. United States Oil Fund LP has a one year low of $65.50 and a one year high of $84.58. The company has a market cap of $911.49 million, a PE ratio of 23.33 and a beta of 0.06. The firm’s 50 day simple moving average is $74.96 and its 200 day simple moving average is $74.48.

United States Oil Fund Company Profile

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.