Capital Square LLC Decreases Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

Capital Square LLC cut its stake in United States Natural Gas Fund LP (NYSEARCA:UNG) by 23.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,800 shares of the exchange traded fund’s stock after selling 3,376 shares during the quarter. Capital Square LLC’s holdings in United States Natural Gas Fund were worth $176,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of United States Natural Gas Fund during the 2nd quarter valued at about $50,000. Creekmur Asset Management LLC purchased a new stake in shares of United States Natural Gas Fund during the first quarter valued at approximately $63,000. J.W. Cole Advisors Inc. acquired a new position in shares of United States Natural Gas Fund during the second quarter worth $184,000. Hourglass Capital LLC purchased a new position in shares of United States Natural Gas Fund in the third quarter valued at $204,000. Finally, Security National Bank acquired a new stake in United States Natural Gas Fund during the 3rd quarter valued at $262,000.

United States Natural Gas Fund Price Performance

United States Natural Gas Fund stock opened at $14.79 on Tuesday. The firm’s fifty day moving average price is $14.33 and its 200 day moving average price is $15.52. The company has a market capitalization of $852.64 million, a price-to-earnings ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 12-month low of $12.35 and a 12-month high of $27.48.

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.