Headlands Technologies LLC purchased a new position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 39,427 shares of the exchange traded fund’s stock, valued at approximately $663,000. Headlands Technologies LLC owned approximately 0.07% of United States Natural Gas Fund as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of United States Natural Gas Fund during the fourth quarter worth $267,000. The Manufacturers Life Insurance Company increased its holdings in shares of United States Natural Gas Fund by 135.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 545,504 shares of the exchange traded fund’s stock valued at $8,908,000 after acquiring an additional 314,057 shares during the last quarter. Hobbs Group Advisors LLC acquired a new stake in shares of United States Natural Gas Fund during the 3rd quarter worth about $29,000. Mountain Hill Investment Partners Corp. purchased a new stake in United States Natural Gas Fund during the fourth quarter worth approximately $32,000. Finally, Virtu Financial LLC acquired a new position in United States Natural Gas Fund in the third quarter valued at approximately $6,482,000.
United States Natural Gas Fund Stock Up 1.7 %
Shares of United States Natural Gas Fund stock opened at $21.05 on Thursday. The firm has a market capitalization of $508.36 million, a P/E ratio of -17.89 and a beta of 0.14. United States Natural Gas Fund LP has a 52 week low of $12.35 and a 52 week high of $24.33. The firm’s 50 day moving average is $20.27 and its two-hundred day moving average is $16.87.
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.
See Also
- Five stocks we like better than United States Natural Gas Fund
- 3 Warren Buffett Stocks to Buy Now
- Homebuilders in Freefall: Bargain Opportunity or Falling Knife?
- Financial Services Stocks Investing
- The 3 Most Talked About Investments on WallStreetBets Right Now
- How to start investing in penny stocks
- Analyst Targets Signal More Growth in CrowdStrike Stock
Want to see what other hedge funds are holding UNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Natural Gas Fund LP (NYSEARCA:UNG – Free Report).
Receive News & Ratings for United States Natural Gas Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Natural Gas Fund and related companies with MarketBeat.com's FREE daily email newsletter.