LPL Financial LLC Sells 1,054 Shares of United States Gasoline Fund LP (NYSEARCA:UGA)

LPL Financial LLC decreased its holdings in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 14.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,495 shares of the company’s stock after selling 1,054 shares during the quarter. LPL Financial LLC owned about 0.36% of United States Gasoline Fund worth $409,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its stake in shares of United States Gasoline Fund by 6.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 192,574 shares of the company’s stock worth $12,130,000 after acquiring an additional 11,164 shares during the last quarter. Global Retirement Partners LLC bought a new stake in United States Gasoline Fund in the 4th quarter valued at $175,000. Roman Butler Fullerton & Co. grew its position in United States Gasoline Fund by 4.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 9,955 shares of the company’s stock worth $633,000 after purchasing an additional 431 shares during the last quarter. Milestone Asset Management LLC increased its holdings in shares of United States Gasoline Fund by 51.1% during the 4th quarter. Milestone Asset Management LLC now owns 31,974 shares of the company’s stock worth $2,014,000 after purchasing an additional 10,808 shares during the period. Finally, PFG Investments LLC acquired a new position in shares of United States Gasoline Fund during the fourth quarter valued at about $253,000.

United States Gasoline Fund Trading Up 0.8 %

NYSEARCA UGA opened at $59.66 on Friday. United States Gasoline Fund LP has a twelve month low of $52.80 and a twelve month high of $72.99. The firm has a 50-day simple moving average of $60.24 and a 200 day simple moving average of $61.94.

About United States Gasoline Fund

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline 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 the futures contract will be the next month contract to expire, less UGA’s expenses.