Daiwa Securities Group Inc. Has $1.48 Million Stock Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Daiwa Securities Group Inc. cut its stake in United States Natural Gas Fund LP (NYSEARCA:UNGFree Report) by 64.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,593 shares of the exchange traded fund’s stock after selling 184,282 shares during the period. Daiwa Securities Group Inc. owned approximately 0.18% of United States Natural Gas Fund worth $1,480,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Belpointe Asset Management LLC bought a new stake in United States Natural Gas Fund in the 3rd quarter valued at $163,000. Vawter Financial Ltd. acquired a new position in United States Natural Gas Fund in the third quarter worth about $68,000. Daymark Wealth Partners LLC raised its position in United States Natural Gas Fund by 114.2% in the fourth quarter. Daymark Wealth Partners LLC now owns 65,650 shares of the exchange traded fund’s stock worth $333,000 after purchasing an additional 35,000 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in United States Natural Gas Fund by 13.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 57,000 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 6,600 shares during the period. Finally, LexAurum Advisors LLC boosted its holdings in United States Natural Gas Fund by 50.3% during the fourth quarter. LexAurum Advisors LLC now owns 52,200 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 17,475 shares in the last quarter.

United States Natural Gas Fund Trading Down 0.8 %

Shares of UNG opened at $15.73 on Wednesday. The stock has a market cap of $906.83 million, a PE ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 1 year low of $13.86 and a 1 year high of $32.32. The stock has a 50 day simple moving average of $18.13 and a 200-day simple moving average of $17.79.

United States Natural Gas Fund Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United States Natural Gas Fund (NYSEARCA:UNG)

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