Daymark Wealth Partners LLC Has $314,000 Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Daymark Wealth Partners LLC grew its stake in United States Natural Gas Fund LP (NYSEARCA:UNG) by 17.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,250 shares of the exchange traded fund’s stock after buying an additional 2,825 shares during the period. Daymark Wealth Partners LLC’s holdings in United States Natural Gas Fund were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in UNG. International Assets Investment Management LLC bought a new position in United States Natural Gas Fund during the second quarter worth $50,000. Creekmur Asset Management LLC bought a new position in shares of United States Natural Gas Fund in the 1st quarter worth about $63,000. MONECO Advisors LLC acquired a new position in shares of United States Natural Gas Fund in the 4th quarter valued at about $63,000. Saxon Interests Inc. acquired a new position in shares of United States Natural Gas Fund in the 1st quarter valued at about $148,000. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of United States Natural Gas Fund during the 2nd quarter valued at about $184,000.

United States Natural Gas Fund Price Performance

NYSEARCA UNG opened at $14.80 on Friday. United States Natural Gas Fund LP has a one year low of $12.57 and a one year high of $31.92. The business has a 50 day simple moving average of $14.59 and a 200 day simple moving average of $15.82. The stock has a market capitalization of $853.22 million, a P/E ratio of -11.60 and a beta of 0.17.

United States Natural Gas Fund Company 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.