Royal Bank of Canada Has $283,000 Stock Position in United States Gasoline Fund LP $UGA

Royal Bank of Canada lowered its holdings in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 78.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 2,735 shares of the company’s stock after selling 9,701 shares during the period. Royal Bank of Canada owned 0.24% of United States Gasoline Fund worth $283,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Exit Wealth Advisors LLC. acquired a new stake in shares of United States Gasoline Fund in the third quarter valued at approximately $3,089,000. Jane Street Group LLC raised its stake in United States Gasoline Fund by 666.0% in the 1st quarter. Jane Street Group LLC now owns 38,799 shares of the company’s stock valued at $2,493,000 after acquiring an additional 33,734 shares during the period. Mariner LLC bought a new stake in United States Gasoline Fund in the 4th quarter valued at $348,000. Private Advisor Group LLC acquired a new stake in United States Gasoline Fund during the 1st quarter valued at $489,000. Finally, Three Seasons Wealth LLC acquired a new stake in United States Gasoline Fund during the 1st quarter valued at $423,000.

United States Gasoline Fund Stock Up 1.4%

UGA stock opened at $123.89 on Friday. United States Gasoline Fund LP has a one year low of $60.40 and a one year high of $127.29. The company has a fifty day moving average price of $114.06 and a two-hundred day moving average price of $104.24.

United States Gasoline Fund 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.