Flow Traders U.S. LLC Raises Holdings in United States Brent Oil Fund LP (NYSEARCA:BNO)

Flow Traders U.S. LLC lifted its position in shares of United States Brent Oil Fund LP (NYSEARCA:BNO) by 146.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,710 shares of the company’s stock after buying an additional 40,855 shares during the quarter. Flow Traders U.S. LLC’s holdings in United States Brent Oil Fund were worth $1,945,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in shares of United States Brent Oil Fund by 2,731.0% in the 3rd quarter. International Assets Investment Management LLC now owns 4,756 shares of the company’s stock valued at $135,000 after purchasing an additional 4,588 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in United States Brent Oil Fund during the third quarter valued at approximately $425,000. Fifth Third Bancorp increased its holdings in United States Brent Oil Fund by 41.0% during the second quarter. Fifth Third Bancorp now owns 14,100 shares of the company’s stock valued at $453,000 after buying an additional 4,100 shares during the period. Ignite Planners LLC bought a new position in United States Brent Oil Fund in the third quarter worth approximately $515,000. Finally, Daiwa Securities Group Inc. lifted its holdings in United States Brent Oil Fund by 8.3% during the third quarter. Daiwa Securities Group Inc. now owns 70,100 shares of the company’s stock worth $1,985,000 after buying an additional 5,400 shares during the period.

United States Brent Oil Fund Trading Up 0.1 %

Shares of NYSEARCA:BNO opened at $29.00 on Monday. United States Brent Oil Fund LP has a 12-month low of $25.92 and a 12-month high of $33.91. The business’s fifty day simple moving average is $29.44 and its 200-day simple moving average is $30.21.

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.