The USO ETF (Symbol: USO) experienced a significant outflow of approximately $125 million, reflecting a 7.5% decrease in shares outstanding, dropping from 26,823,603 to 24,823,603 over the past week.
As of the latest trade, USO shares were priced at $61.55, within a 52-week range of $57.83 to $86.40. This drop in shares outpaced broader ETF trends, highlighting notable investor activity within the fund.
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