Cetera Investment Advisers Grows Stake in United States Gasoline Fund LP $UGA

Cetera Investment Advisers raised its holdings in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 7.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,174 shares of the company’s stock after purchasing an additional 2,058 shares during the period. Cetera Investment Advisers owned 2.35% of United States Gasoline Fund worth $1,696,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in UGA. Envestnet Asset Management Inc. raised its stake in United States Gasoline Fund by 7.3% in the second quarter. Envestnet Asset Management Inc. now owns 12,735 shares of the company’s stock valued at $767,000 after buying an additional 861 shares during the last quarter. LPL Financial LLC increased its holdings in shares of United States Gasoline Fund by 223.3% during the first quarter. LPL Financial LLC now owns 20,998 shares of the company’s stock valued at $1,349,000 after acquiring an additional 14,503 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of United States Gasoline Fund in the 2nd quarter valued at approximately $1,024,000. Consolidated Portfolio Review Corp acquired a new stake in United States Gasoline Fund in the 2nd quarter worth approximately $500,000. Finally, Pettinga Financial Advisors LLC grew its position in United States Gasoline Fund by 1.7% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 16,701 shares of the company’s stock worth $1,006,000 after purchasing an additional 275 shares during the last quarter.

United States Gasoline Fund Stock Up 1.7%

NYSEARCA UGA opened at $66.94 on Monday. United States Gasoline Fund LP has a 12-month low of $52.80 and a 12-month high of $69.87. The company has a fifty day simple moving average of $64.93 and a two-hundred day simple moving average of $63.37.

United States Gasoline Fund Company Profile

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.