The USO ETF (Symbol: USO) has seen a significant week-over-week inflow of approximately $151.1 million, marking a 13.4% increase in outstanding units from 14,923,603 to 16,923,603. This surge occurred against the backdrop of the ETF’s 52-week price range, which has seen a low of $63.84 and a high of $83.41, with the last trade recorded at $77.98.
As investors increased their position in USO, the change in units reflects growing demand, impacting the underlying assets held within the ETF.
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