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NYSEARCA:USO

United States Oil Fund (USO) Price, Holdings, & News

United States Oil Fund logo
$73.10 +0.49 (+0.67%)
(As of 12/20/2024 05:40 PM ET)

About United States Oil Fund (NYSEARCA:USO)

Key Stats

Today's Range
$71.96
$73.41
50-Day Range
$69.66
$75.93
52-Week Range
$65.48
$83.41
Volume
1.60 million shs
Average Volume
3.59 million shs
Market Capitalization
$1.27 billion
Assets Under Management
$1.07 billion
Dividend Yield
0.00%
Net Expense Ratio
0.70%
Aggregate Rating
N/A

ETF Overview

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc. (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares' per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO's expenses. United States Commodity Funds LLC (USCF) is the general partner of USO and is responsible for the management of USO. USCF is a single member limited liability company. USCF is a subsidiary of Wainwright Holdings, Inc.

United States Oil Fund Expenses

TypeUSOCrude Oil ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.80%0.71%0.51%0.52%
Other Expenses0.25%0.25%0.37%0.57%0.53%
Total Expense0.70%0.97%0.87%0.73%0.71%
Fee Waiver0.00%-0.47%-0.73%-0.67%-0.56%
Net Expense0.70%0.95%0.68%0.58%0.59%
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USO ETF News Headlines

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Spot Market Trends With These 3 Must-Watch ETFs (USO)
There are major divergences and convergences in different ETFs today, which investors need to consider for their portfolios.
Oil vs. gold investing
Why Betting on Oil Over Gold Could Pay Off Big in 2025 (USO)
While most of the commodity price action has been headed to gold, some views suggest oil might be the better buy today. Analysts and institutions agree
This Crypto Is Set to Explode in December
It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
USA and China trade war economy recession conflict tax business — Photo
Do New Tariffs Signal Rising Inflation? A Technical Breakdown (USO)
While most economists think that new proposed tariffs will result in higher economic inflation scenarios, markets differ.
Oil Demand Concerns Weigh on 2025 Price Outlook
See More Headlines

USO ETF - Frequently Asked Questions

United States Oil Fund's stock was trading at $66.65 at the beginning of the year. Since then, USO stock has increased by 9.7% and is now trading at $73.10.
View the best growth stocks for 2024 here
.

United States Oil Fund shares reverse split on the morning of Wednesday, April 29th 2020. The 1-8 reverse split was announced on Wednesday, April 22nd 2020. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, April 28th 2020. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Top institutional shareholders of United States Oil Fund include Jane Street Group LLC, IMC Chicago LLC, Citigroup Inc. and Wolverine Trading LLC.
View institutional ownership trends
.

Shares of USO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that United States Oil Fund investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Fund Details

Issuer
US Commodity Funds
Fund Name
United States Oil Fund LP
Tax Classification
Partnership
Current Symbol
NYSEARCA:USO
Inception Date
4/10/2006
Fund Manager
Ray W. Allen

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Energy
Focus
Crude Oil
Development Level
Developed Markets
Region
North America
Number of Holdings
12

Fund Statistics

Assets Under Management
$1.12 billion
Average Daily Volume
$2.50 million
Discount/Premium
-0.63%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
United States Commodity Funds LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
37,024
Put Options
23,366
Call Options
13,658
Short Interest
3,510,000 shs

Miscellaneous

Beta
0.10
Creation Unit
100,000
Creation Fee
$1,000.00
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Top 9 USO Holdings

  • Morgan Stanley Liq Govt Inst 8302
    Holding Weight: 28.55%
  • Crude Oil Future Dec 24
    Holding Weight: 26.87%
  • Crude Oil Future Nov 24
    Holding Weight: 17.93%
  • Bny Cash Reserve
    Holding Weight: 15.39%
  • Cash
    Holding Weight: 10.46%
  • Trs Macquarie Mqcp361e 07192024
    Holding Weight: 6.67%
  • Trs Soc Gen Sgixcwti 06282024
    Holding Weight: 4.88%
  • Trs Soc Gen Sgixcwti 06282024
    Holding Weight: -4.55%
  • Trs Macquarie Mqcp361e 07192024
    Holding Weight: -6.21%

This page (NYSEARCA:USO) was last updated on 12/21/2024 by MarketBeat.com Staff
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