Advisory Services Network LLC Reduces Stock Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

Advisory Services Network LLC reduced its position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 39.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,475 shares of the exchange traded fund’s stock after selling 22,878 shares during the quarter. Advisory Services Network LLC owned 0.06% of United States Natural Gas Fund worth $596,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UNG. Mountain Hill Investment Partners Corp. purchased a new stake in United States Natural Gas Fund during the fourth quarter valued at approximately $32,000. SG Americas Securities LLC bought a new stake in shares of United States Natural Gas Fund during the 4th quarter valued at $267,000. Kieckhefer Group LLC bought a new position in United States Natural Gas Fund in the 4th quarter worth $641,000. Headlands Technologies LLC purchased a new position in United States Natural Gas Fund during the fourth quarter valued at $663,000. Finally, MML Investors Services LLC bought a new stake in United States Natural Gas Fund during the third quarter valued at about $712,000.

United States Natural Gas Fund Stock Down 0.9 %

UNG stock opened at $17.36 on Wednesday. The business’s 50-day moving average price is $20.65 and its 200-day moving average price is $17.13. The stock has a market cap of $419.24 million, a P/E ratio of -17.89 and a beta of 0.14. United States Natural Gas Fund LP has a twelve month low of $12.35 and a twelve month high of $24.33.

United States Natural Gas Fund Company 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.