BNP Paribas Financial Markets Purchases New Position in United States Brent Oil Fund LP (NYSEARCA:BNO)

BNP Paribas Financial Markets purchased a new stake in shares of United States Brent Oil Fund LP (NYSEARCA:BNO) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 15,012 shares of the company’s stock, valued at approximately $425,000.

Several other institutional investors and hedge funds have also bought and sold shares of BNO. Fifth Third Bancorp lifted its holdings in United States Brent Oil Fund by 41.0% in the 2nd quarter. Fifth Third Bancorp now owns 14,100 shares of the company’s stock worth $453,000 after buying an additional 4,100 shares during the period. Daiwa Securities Group Inc. lifted its holdings in United States Brent Oil Fund by 11.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 64,700 shares of the company’s stock worth $2,080,000 after buying an additional 6,800 shares during the period. Ignite Planners LLC purchased a new stake in United States Brent Oil Fund in the 3rd quarter worth approximately $515,000. International Assets Investment Management LLC lifted its holdings in 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 worth $135,000 after buying an additional 4,588 shares during the period. Finally, Harvest Fund Management Co. Ltd lifted its holdings in United States Brent Oil Fund by 16.1% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 111,000 shares of the company’s stock worth $3,142,000 after buying an additional 15,371 shares during the period.

United States Brent Oil Fund Trading Up 1.2 %

NYSEARCA BNO opened at $29.83 on Friday. United States Brent Oil Fund LP has a fifty-two week low of $26.76 and a fifty-two week high of $33.91. The stock has a 50 day simple moving average of $29.43 and a two-hundred day simple moving average of $30.09.

About United States Brent Oil Fund

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.