Park Avenue Securities LLC Has $282,000 Stock Position in United States Gasoline Fund LP (NYSEARCA:UGA)

Park Avenue Securities LLC lifted its holdings in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 28.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,475 shares of the company’s stock after purchasing an additional 985 shares during the period. Park Avenue Securities LLC owned 0.25% of United States Gasoline Fund worth $282,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Rosenberg Matthew Hamilton bought a new stake in United States Gasoline Fund during the third quarter valued at $48,000. MML Investors Services LLC lifted its stake in shares of United States Gasoline Fund by 7.4% in the 3rd quarter. MML Investors Services LLC now owns 6,566 shares of the company’s stock valued at $384,000 after purchasing an additional 453 shares during the period. National Wealth Management Group LLC bought a new stake in shares of United States Gasoline Fund during the 3rd quarter valued at about $563,000. Roman Butler Fullerton & Co. grew its stake in United States Gasoline Fund by 43.9% during the third quarter. Roman Butler Fullerton & Co. now owns 9,524 shares of the company’s stock worth $589,000 after purchasing an additional 2,905 shares during the period. Finally, Pettinga Financial Advisors LLC increased its holdings in United States Gasoline Fund by 1.4% in the third quarter. Pettinga Financial Advisors LLC now owns 16,701 shares of the company’s stock worth $976,000 after purchasing an additional 235 shares in the last quarter.

United States Gasoline Fund Stock Down 0.4 %

Shares of United States Gasoline Fund stock opened at $64.27 on Friday. The business has a 50-day simple moving average of $62.76 and a 200 day simple moving average of $62.62. United States Gasoline Fund LP has a one year low of $55.37 and a one year high of $74.57.

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.