Private Wealth Partners LLC reduced its stake in United States Natural Gas Fund LP (NYSEARCA:UNG – Free Report) by 9.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,000 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Private Wealth Partners LLC’s holdings in United States Natural Gas Fund were worth $174,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of UNG. Vawter Financial Ltd. raised its position in United States Natural Gas Fund by 25.0% during the 4th quarter. Vawter Financial Ltd. now owns 12,500 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 2,500 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in United States Natural Gas Fund in the second quarter valued at about $50,000. Verity Asset Management Inc. increased its position in United States Natural Gas Fund by 19.2% during the 4th quarter. Verity Asset Management Inc. now owns 25,140 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 4,053 shares during the period. Creekmur Asset Management LLC acquired a new position in United States Natural Gas Fund during the 1st quarter worth approximately $63,000. Finally, Principal Securities Inc. purchased a new position in shares of United States Natural Gas Fund during the 4th quarter worth approximately $25,000.
United States Natural Gas Fund Price Performance
United States Natural Gas Fund stock opened at $14.25 on Thursday. The stock’s 50 day moving average price is $14.19 and its 200 day moving average price is $15.89. United States Natural Gas Fund LP has a 1-year low of $12.57 and a 1-year high of $31.92. The company has a market cap of $821.51 million, a PE ratio of -11.60 and a beta of 0.17.
United States Natural Gas Fund Profile
United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company 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 natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.
See Also
- Five stocks we like better than United States Natural Gas Fund
- What is the S&P 500 and How It is Distinct from Other Indexes
- Can Roblox Really Grow to 1 Billion Active Daily Users?
- How is Compound Interest Calculated?
- Biotech Breakout: Stocks for Your Watchlist
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Dave & Buster’s Stock Isn’t Playing Around: It’s Building Value
Receive News & Ratings for United States Natural Gas Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Natural Gas Fund and related companies with MarketBeat.com's FREE daily email newsletter.