MONECO Advisors LLC Takes $63,000 Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

MONECO Advisors LLC purchased a new stake in United States Natural Gas Fund LP (NYSEARCA:UNG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,450 shares of the exchange traded fund’s stock, valued at approximately $63,000.

Several other hedge funds have also modified their holdings of the business. Vawter Financial Ltd. lifted its holdings in shares of United States Natural Gas Fund by 25.0% in the 4th quarter. Vawter Financial Ltd. now owns 12,500 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 2,500 shares during the period. Round Rock Advisors LLC raised its holdings in United States Natural Gas Fund by 21.1% during the fourth quarter. Round Rock Advisors LLC now owns 16,214 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 2,823 shares during the last quarter. Visionary Wealth Advisors raised its holdings in United States Natural Gas Fund by 23.2% during the third quarter. Visionary Wealth Advisors now owns 21,500 shares of the exchange traded fund’s stock worth $147,000 after purchasing an additional 4,050 shares during the last quarter. Verity Asset Management Inc. raised its holdings in United States Natural Gas Fund by 19.2% during the fourth quarter. Verity Asset Management Inc. now owns 25,140 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 4,053 shares during the last quarter. Finally, Principal Securities Inc. acquired a new position in United States Natural Gas Fund during the fourth quarter worth $25,000.

United States Natural Gas Fund Stock Performance

Shares of UNG stock opened at $19.16 on Tuesday. The stock has a fifty day moving average price of $17.11 and a 200 day moving average price of $18.08. The stock has a market cap of $1.10 billion, a PE ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 1 year low of $13.86 and a 1 year high of $32.32.

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.