Thrivent Financial for Lutherans grew its stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA – Free Report) by 5.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 18,770 shares of the company’s stock after acquiring an additional 1,036 shares during the period. Thrivent Financial for Lutherans owned about 1.04% of United States Gasoline Fund worth $1,097,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of UGA. Comerica Bank acquired a new stake in shares of United States Gasoline Fund during the first quarter valued at approximately $44,000. Rosenberg Matthew Hamilton purchased a new stake in shares of United States Gasoline Fund in the third quarter valued at $48,000. Park Avenue Securities LLC purchased a new stake in shares of United States Gasoline Fund in the third quarter valued at $204,000. Roman Butler Fullerton & Co. boosted its position in shares of United States Gasoline Fund by 18.2% in the second quarter. Roman Butler Fullerton & Co. now owns 6,619 shares of the company’s stock worth $449,000 after buying an additional 1,018 shares during the period. Finally, Professional Financial Advisors LLC grew its holdings in shares of United States Gasoline Fund by 22.9% during the second quarter. Professional Financial Advisors LLC now owns 12,678 shares of the company’s stock valued at $857,000 after buying an additional 2,365 shares in the last quarter.
United States Gasoline Fund Stock Performance
UGA stock opened at $60.29 on Monday. The firm has a 50 day simple moving average of $61.62 and a 200 day simple moving average of $63.51. United States Gasoline Fund LP has a 52 week low of $55.37 and a 52 week high of $74.57.
About United States Gasoline Fund
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.
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