CreativeOne Wealth LLC Makes New Investment in United States Natural Gas Fund LP (NYSEARCA:UNG)

CreativeOne Wealth LLC acquired a new stake in United States Natural Gas Fund LP (NYSEARCA:UNG) in the 3rd quarter, HoldingsChannel reports. The fund acquired 67,740 shares of the exchange traded fund’s stock, valued at approximately $1,106,000.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in United States Natural Gas Fund during the 2nd quarter worth approximately $50,000. Freedom Investment Management Inc. acquired a new stake in shares of United States Natural Gas Fund in the third quarter valued at $164,000. J.W. Cole Advisors Inc. purchased a new position in United States Natural Gas Fund in the second quarter valued at $184,000. Hourglass Capital LLC acquired a new position in United States Natural Gas Fund during the 3rd quarter worth $204,000. Finally, Security National Bank purchased a new stake in United States Natural Gas Fund during the 3rd quarter worth about $262,000.

United States Natural Gas Fund Stock Performance

Shares of UNG opened at $14.43 on Friday. United States Natural Gas Fund LP has a 1 year low of $12.35 and a 1 year high of $27.48. The stock has a market capitalization of $831.89 million, a PE ratio of -11.60 and a beta of 0.17. The stock has a 50-day simple moving average of $14.31 and a 200-day simple moving average of $15.48.

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.