Cetera Investment Advisers Purchases 45,783 Shares of United States Natural Gas Fund LP $UNG

Cetera Investment Advisers boosted its position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 51.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,405 shares of the exchange traded fund’s stock after buying an additional 45,783 shares during the period. Cetera Investment Advisers owned approximately 0.52% of United States Natural Gas Fund worth $2,069,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Prospera Financial Services Inc acquired a new stake in shares of United States Natural Gas Fund during the 2nd quarter worth approximately $184,000. Verity Asset Management Inc. lifted its stake in United States Natural Gas Fund by 41.1% during the second quarter. Verity Asset Management Inc. now owns 19,131 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 5,574 shares during the last quarter. FSA Wealth Partners Inc. acquired a new stake in shares of United States Natural Gas Fund in the 2nd quarter valued at $560,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of United States Natural Gas Fund by 56.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 111,773 shares of the exchange traded fund’s stock valued at $1,705,000 after purchasing an additional 40,153 shares during the last quarter. Finally, Bard Financial Services Inc. raised its holdings in shares of United States Natural Gas Fund by 12.5% during the 2nd quarter. Bard Financial Services Inc. now owns 31,500 shares of the exchange traded fund’s stock worth $481,000 after buying an additional 3,500 shares in the last quarter.

United States Natural Gas Fund Stock Up 3.4%

Shares of UNG stock opened at $14.73 on Friday. The business has a fifty day simple moving average of $13.34 and a 200 day simple moving average of $14.20. The company has a market cap of $707.78 million, a P/E ratio of -15.04 and a beta of -0.12. United States Natural Gas Fund LP has a twelve month low of $11.55 and a twelve month high of $24.33.

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.