United States Natural Gas Fund LP $UNG Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 56.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,773 shares of the exchange traded fund’s stock after acquiring an additional 40,153 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.44% of United States Natural Gas Fund worth $1,705,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in UNG. Cambridge Investment Research Advisors Inc. increased its stake in United States Natural Gas Fund by 322.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 44,907 shares of the exchange traded fund’s stock worth $970,000 after buying an additional 34,273 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in United States Natural Gas Fund during the 1st quarter worth $378,000. Virtu Financial LLC purchased a new stake in United States Natural Gas Fund during the 1st quarter worth $1,824,000. Inscription Capital LLC purchased a new stake in United States Natural Gas Fund during the 1st quarter worth $324,000. Finally, Bard Financial Services Inc. purchased a new stake in United States Natural Gas Fund during the 1st quarter worth $605,000.

United States Natural Gas Fund Price Performance

United States Natural Gas Fund stock opened at $12.82 on Tuesday. United States Natural Gas Fund LP has a 12-month low of $11.72 and a 12-month high of $24.33. The company has a market capitalization of $430.11 million, a price-to-earnings ratio of -15.04 and a beta of 0.49. The firm’s fifty day moving average price is $12.89 and its 200 day moving average price is $15.82.

About United States Natural Gas Fund

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.