ETF Alert: United States 12 Month Oil (USL) Declines 2.69% for Nov 29

November 29, 2016 - By Pete Kolinski   ·   0 Comments

Nov 29 is a negative day so far for United States 12 Month Oil (NYSEARCA:USL) as the ETF is active during the day after losing 2.69% to hit $17.72 per share. The exchange traded fund has 121.30 million net assets and 1.81% volatility this month.

Over the course of the day 22,906 shares traded hands, as compared to an average volume of 65,310 over the last 30 days for United States 12 Month Oil (NYSEARCA:USL).

The ETF is -15.68% of its 52-Week High and 32.02% of its low, and is currently having ATR of 0.39. This year’s performance is 0.76% while this quarter’s performance is -6.59%.

The ETF’s YTD performance is 6.23%, the 1 year is -14.03% and the 3 year is -24.52%.

The fund’s top holdings are: Future Contract On Wti Crude Future Oct17 for 4.45% of assets, Future Contract On Wti Crude Future Nov17 for 4.44%, Future Contract On Wti Crude Future Sep17 for 4.43%, Future Contract On Wti Crude Future Aug17 for 4.42%, Future Contract On Wti Crude Future Jul17 for 4.40%, Future Contract On Wti Crude Future Jun17 for 4.38%, Future Contract On Crude Future May17 for 4.36%, Future Contract On Wti Crude Future Apr17 for 4.32%, Future Contract On Wti Crude Future Mar17 for 4.28%, Future Contract On Wti Crude Future Feb17 for 4.23%.

More notable recent United States 12 Month Oil Fund, LP (NYSEARCA:USL) news were published by: Marketwatch.com which released: “Oil and energy ETFs sink ahead of pivotal OPEC summit” on November 29, 2016, also Etfdailynews.com with their article: “Goldman Sachs: No Hope for Oil Recovery in Next 12 Months” published on September 15, 2016, Etfdailynews.com published: “Here’s Why Crude Oil Is Up, But The Crude Oil ETF Is Down” on September 23, 2016. More interesting news about United States 12 Month Oil Fund, LP (NYSEARCA:USL) were released by: Etfdailynews.com and their article: “If OPEC Deal Fails, Expect $30 Oil — Or Worse” published on November 08, 2016 as well as Finance.Yahoo.com‘s news article titled: “Sprott Resource and Adriana Resources Announce Proposed Business Combination …” with publication date: November 29, 2016.

The United States 12 Month Oil Fund, LP is an exchange-traded security that tracks the price movements of West Texas Intermediate (WTI) light, sweet crude oil. The company has a market cap of $121.30 million. USL issues shares that may be purchased and sold on the NYSE Arca, Inc. (NYSE Arca). It currently has negative earnings. The investment objective of USL is for the daily changes in percentage terms of its shares net asset value (NAV) to reflect the daily changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of USL’s Benchmark Oil Futures Contracts, less USL’s expenses.

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By Pete Kolinski


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