Let's conquer your financial goals together...faster. 9,811,706 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 9,836,361 shares. Don’t Get Burned: How to — and How Not to — Invest in Oil, Charting market resilience, S&P 500 ventures back atop 50-day average. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Cumulative Growth of a $10,000 Investment in Stock Advisor, Even the Top U.S. Oil Fund Is Becoming Bearish About Oil @themotleyfool #stocks $USO $CVX $COP, The U.S. Oil Fund Is Put on Notice by the SEC, Ditch These 3 Popular Oil ETFs and Consider Buying This 1 Instead, 1 Risk That Oil ETF Investors Need to Watch Closely, Still Own USO? USO FINAL DEADLINE TODAY: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Reminds United States Oil Fund, LP Investors of Important August 18 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $750K to Contact Firm - USO GlobeNewswire - … USO has issued six disclosures to shareholders in the last two months noting changes to the fund’s investment strategy, which it has had to quickly rejigger in response to recent events.
A combination of technologies that takes regular 5G – and turbocharges it. Returns as of 11/12/2020. Get United States Oil Fund, LP (USO:NYSE Arca) real-time stock quotes, news and financial information from CNBC. The fund added that it might not be able to meet its objective of reflecting changes in the spot oil price. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Data from Robintrack.net shows that the number of Robinhood accounts that own the USO ETF surged more than 2000%, from ~8,000 in early February to more than 170,000 today. Copyright © 2020 MarketWatch, Inc. All rights reserved. The investigations are significant because USO has grown to be a dominant player in the market for crude futures. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Hong Kong legislature opens, as pro-democracy bloc set to resign, What a COVID-19 vaccine would mean for mortgage rates and the housing market, Can you catch COVID-19 from sitting in the middle seat on a flight? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. In other words, at the beginning of March, USO bought futures contracts for April delivery (the shortest-term contracts available). USO buys futures, not physical oil. USO, an ETF owned and operated by United States Commodity Funds, was informed by its only Futures Commission Merchants, RBC Capital Markets, that it is prohibited from holding or buying oil futures contracts until further notice. Fundamental company data provided by Morningstar and Zacks Investment Research. View our full suite of financial calendars and market data tables, all for free. It also announced an intention to invest in contracts as far out as June 2021. This browser is no longer supported at MarketWatch. The CFTC also issued a rare public warning last week to retail investors to highlight the “unique risks” of commodity exchange traded products. The stock’s 50 […] The USO ETF is … By using this site you agree to the
of Class Action Lawsuit and Upcoming Deadline – USO, CLASS ACTION UPDATE for ENDP, USO and COG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders, The Gross Law Firm Announces Class Actions on Behalf of Shareholders of USO, CODX and GEO, CLASS ACTION UPDATE for PPC, USO and VEL: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders, Robbins Geller Rudman & Dowd LLP Announces Expanded Class Period in Class Action Suit Against United States Oil Fund, LP, Lawsuits Filed Against USO, IDEX and JCOM - Jakubowitz Law Pursues Shareholders Claims, Slow Airline Industry Recovery Pushes Global Oil Demand Forecast Lower, Oil Inventories Fall by 4.4M Barrels Last Week: API, Receive Analysts' Upgrades and Downgrades Daily. United States Commodity Funds, the company that manages USO, hasn’t been accused of any misconduct by the SEC or CFTC. They also had this to say in their April 27 8-K filing: "While it is USO's expectation that at some point in the future it will be able to return to primarily investing in the Benchmark Futures Contract or other similar futures contracts of the same tenor based on light, sweet crude oil, there can be no guarantee of when, if ever, that will occur.".