United States Natural Gas Fund LP $UNG Position Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 52,535.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,635 shares of the exchange traded fund’s stock after purchasing an additional 52,535 shares during the quarter. Farther Finance Advisors LLC owned about 0.12% of United States Natural Gas Fund worth $688,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Comerica Bank lifted its holdings in shares of United States Natural Gas Fund by 1,412.9% in the first quarter. Comerica Bank now owns 2,693 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 2,515 shares during the period. Headlands Technologies LLC raised its position in United States Natural Gas Fund by 132.8% in the second quarter. Headlands Technologies LLC now owns 9,618 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 5,486 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in United States Natural Gas Fund in the 3rd quarter valued at about $150,000. Prospera Financial Services Inc bought a new position in shares of United States Natural Gas Fund during the 2nd quarter valued at about $184,000. Finally, Royal Bank of Canada grew its stake in shares of United States Natural Gas Fund by 490.7% in the 1st quarter. Royal Bank of Canada now owns 14,880 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 12,361 shares during the last quarter.

United States Natural Gas Fund Price Performance

UNG stock opened at $13.12 on Wednesday. The firm has a market cap of $630.42 million, a PE ratio of -15.04 and a beta of -0.12. United States Natural Gas Fund LP has a 12 month low of $11.48 and a 12 month high of $24.33. The firm has a 50 day simple moving average of $13.70 and a 200 day simple moving average of $13.70.

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.