PFG Investments LLC Takes Position in United States Natural Gas Fund LP $UNG

PFG Investments LLC purchased a new position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 54,716 shares of the exchange traded fund’s stock, valued at approximately $715,000. PFG Investments LLC owned about 0.11% of United States Natural Gas Fund at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UNG. Centric Wealth Management bought a new stake in United States Natural Gas Fund during the 2nd quarter worth approximately $1,222,000. JPMorgan Chase & Co. acquired a new position in shares of United States Natural Gas Fund during the second quarter worth $940,000. Farther Finance Advisors LLC grew its stake in shares of United States Natural Gas Fund by 52,535.0% in the third quarter. Farther Finance Advisors LLC now owns 52,635 shares of the exchange traded fund’s stock worth $688,000 after purchasing an additional 52,535 shares during the last quarter. Cetera Investment Advisers increased its holdings in United States Natural Gas Fund by 51.1% in the second quarter. Cetera Investment Advisers now owns 135,405 shares of the exchange traded fund’s stock valued at $2,069,000 after purchasing an additional 45,783 shares during the period. Finally, Bank of America Corp DE raised its position in United States Natural Gas Fund by 84,430.0% during the 2nd quarter. Bank of America Corp DE now owns 42,265 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 42,215 shares during the last quarter.

United States Natural Gas Fund Trading Up 6.2%

Shares of UNG opened at $14.83 on Tuesday. The stock’s 50-day moving average price is $13.02 and its two-hundred day moving average price is $13.14. United States Natural Gas Fund LP has a 12 month low of $9.95 and a 12 month high of $24.33. The company has a market capitalization of $711.10 million, a PE ratio of -15.04 and a beta of -0.12.

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.