United States Gasoline Fund LP $UGA Shares Purchased by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC raised its holdings in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,701 shares of the company’s stock after buying an additional 275 shares during the period. Pettinga Financial Advisors LLC owned about 1.39% of United States Gasoline Fund worth $1,006,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC lifted its position in shares of United States Gasoline Fund by 666.0% during the first quarter. Jane Street Group LLC now owns 38,799 shares of the company’s stock worth $2,493,000 after purchasing an additional 33,734 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of United States Gasoline Fund during the second quarter worth $1,024,000. LPL Financial LLC lifted its position in shares of United States Gasoline Fund by 223.3% during the first quarter. LPL Financial LLC now owns 20,998 shares of the company’s stock worth $1,349,000 after purchasing an additional 14,503 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in United States Gasoline Fund in the second quarter valued at $500,000. Finally, Synergy Asset Management LLC acquired a new stake in United States Gasoline Fund in the first quarter valued at $503,000.

United States Gasoline Fund Trading Up 1.0%

UGA stock opened at $61.63 on Thursday. United States Gasoline Fund LP has a 1-year low of $52.80 and a 1-year high of $68.15. The firm has a fifty day moving average price of $63.65 and a two-hundred day moving average price of $61.71.

United States Gasoline Fund Company Profile

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline 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 the futures contract will be the next month contract to expire, less UGA’s expenses.