Private Wealth Partners LLC Buys New Shares in United States Natural Gas Fund LP (NYSEARCA:UNG)

Private Wealth Partners LLC bought a new stake in United States Natural Gas Fund LP (NYSEARCA:UNG) during the 4th quarter, HoldingsChannel reports. The firm bought 23,000 shares of the exchange traded fund’s stock, valued at approximately $117,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in United States Natural Gas Fund in the fourth quarter valued at $78,000. Daiwa Securities Group Inc. increased its stake in United States Natural Gas Fund by 32.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 285,875 shares of the exchange traded fund’s stock valued at $1,449,000 after purchasing an additional 70,300 shares in the last quarter. Aspire Capital Advisors LLC bought a new stake in United States Natural Gas Fund in the fourth quarter valued at $65,000. Round Rock Advisors LLC increased its stake in United States Natural Gas Fund by 21.1% in the fourth quarter. Round Rock Advisors LLC now owns 16,214 shares of the exchange traded fund’s stock valued at $82,000 after purchasing an additional 2,823 shares in the last quarter. Finally, WealthShield Partners LLC bought a new stake in shares of United States Natural Gas Fund during the fourth quarter worth about $124,000.

United States Natural Gas Fund Price Performance

Shares of NYSEARCA:UNG traded down $0.31 during midday trading on Friday, hitting $14.06. 7,256,948 shares of the company’s stock were exchanged, compared to its average volume of 7,615,560. The stock has a 50 day moving average price of $15.37 and a 200-day moving average price of $20.38. The company has a market cap of $755.73 million, a PE ratio of -11.91 and a beta of 0.16. United States Natural Gas Fund LP has a 12 month low of $13.86 and a 12 month high of $32.32.

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.