Kieckhefer Group LLC Takes Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Kieckhefer Group LLC purchased a new position in United States Natural Gas Fund LP (NYSEARCA:UNG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,156 shares of the exchange traded fund’s stock, valued at approximately $641,000. United States Natural Gas Fund accounts for about 0.4% of Kieckhefer Group LLC’s portfolio, making the stock its 27th biggest position. Kieckhefer Group LLC owned about 0.07% of United States Natural Gas Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Hobbs Group Advisors LLC purchased a new stake in United States Natural Gas Fund during the 3rd quarter valued at about $29,000. Daymark Wealth Partners LLC grew its holdings in shares of United States Natural Gas Fund by 17.2% during the third quarter. Daymark Wealth Partners LLC now owns 19,250 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 2,825 shares during the last quarter. Sweet Financial Partners LLC increased its position in shares of United States Natural Gas Fund by 18.7% during the third quarter. Sweet Financial Partners LLC now owns 21,125 shares of the exchange traded fund’s stock valued at $345,000 after acquiring an additional 3,325 shares in the last quarter. Private Wealth Partners LLC raised its holdings in United States Natural Gas Fund by 100.0% in the 3rd quarter. Private Wealth Partners LLC now owns 20,000 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Freedom Investment Management Inc. bought a new position in United States Natural Gas Fund in the 3rd quarter valued at approximately $164,000.

United States Natural Gas Fund Stock Performance

Shares of UNG stock traded down $0.03 during mid-day trading on Monday, hitting $18.39. The company’s stock had a trading volume of 7,510,066 shares, compared to its average volume of 14,132,469. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 52-week low of $12.35 and a 52-week high of $24.35. The business has a 50-day moving average price of $14.74 and a 200 day moving average price of $14.60.

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.