Scotia Capital Inc. Has $242,000 Stock Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

Scotia Capital Inc. trimmed its position in United States Natural Gas Fund LP (NYSEARCA:UNG) by 14.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 14,386 shares of the exchange traded fund’s stock after selling 2,411 shares during the period. Scotia Capital Inc.’s holdings in United States Natural Gas Fund were worth $242,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in United States Natural Gas Fund in the third quarter valued at about $6,482,000. Wells Fargo & Company MN boosted its stake in shares of United States Natural Gas Fund by 0.8% in the 4th quarter. Wells Fargo & Company MN now owns 349,559 shares of the exchange traded fund’s stock valued at $5,876,000 after purchasing an additional 2,644 shares during the last quarter. Centric Wealth Management acquired a new stake in shares of United States Natural Gas Fund during the 4th quarter worth approximately $3,614,000. MML Investors Services LLC bought a new stake in shares of United States Natural Gas Fund during the third quarter worth approximately $712,000. Finally, Headlands Technologies LLC acquired a new position in United States Natural Gas Fund in the fourth quarter valued at approximately $663,000.

United States Natural Gas Fund Stock Performance

Shares of UNG stock opened at $17.36 on Wednesday. The firm’s 50 day moving average price is $20.65 and its two-hundred day moving average price is $17.13. The stock has a market cap of $419.24 million, a PE ratio of -17.89 and a beta of 0.14. United States Natural Gas Fund LP has a 52-week low of $12.35 and a 52-week high of $24.33.

About United States Natural Gas Fund

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.