Cibc World Markets Corp invests $1.49M in United States Brent Oil Fund LP (NYSEARCA:BNO)

Cibc World Markets Corp acquired a new position in United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,700 shares of the company’s stock, valued at approximately $1,494,000. Cibc World Markets Corp owned about 0.90% of United States Brent Oil Fund as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new stake in United States Brent Oil Fund during the 4th quarter valued at approximately $42,000. FNY Investment Advisers LLC purchased a new stake in United States Brent Oil Fund in the 4th quarter valued at about $54,000. International Assets Investment Management LLC boosted its holdings in 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 buying another 4,420 shares in the last quarter. National Bank of Canada FI purchased a new stake in United States Brent Oil Fund during the 4th quarter valued at about $259,000. Finally, IMC Chicago LLC raised its holdings in United States Brent Oil Fund by 253.7% during the 4th quarter. IMC Chicago LLC now owns 36,223 shares of the company’s stock worth $989,000 after bought an additional 25,981 shares in the last quarter.

U.S. Brent oil futures trade up 3.1%

Shares of United States Brent Oil Fund stock opened at $30.63 on Tuesday. United States Brent Oil Fund LP has a 52-week low of $24.19 and a 52-week high of $33.91. The company’s 50-day moving average is $31.52, and its two-hundred-day moving average is $29.87.

About the United States Brent Oil Fund

(Free Report)

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 spot price of Brent oil using ICE futures contracts for almost a month. BNO was launched on June 2, 2010 and is managed by US Commodity Funds.

Further reading

Want to see what other hedge funds BNO owns? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Brent Oil Fund LP (NYSEARCA:BNO – Free Report).

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