Cetera Investment Advisers Raises Stock Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Cetera Investment Advisers grew its holdings in United States Natural Gas Fund LP (NYSEARCA:UNG) by 13.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,826 shares of the exchange traded fund’s stock after buying an additional 14,052 shares during the period. Cetera Investment Advisers’ holdings in United States Natural Gas Fund were worth $2,054,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in UNG. The Manufacturers Life Insurance Company purchased a new position in shares of United States Natural Gas Fund in the 2nd quarter worth $4,034,000. Shah Capital Management purchased a new position in shares of United States Natural Gas Fund in the 1st quarter worth $3,124,000. Virtu Financial LLC bought a new stake in shares of United States Natural Gas Fund in the 1st quarter worth about $861,000. Insigneo Advisory Services LLC purchased a new position in shares of United States Natural Gas Fund during the 2nd quarter worth about $417,000. Finally, Creative Planning bought a new position in United States Natural Gas Fund during the 2nd quarter valued at about $379,000.

United States Natural Gas Fund Trading Down 2.2 %

Shares of NYSEARCA:UNG opened at $14.80 on Monday. The company has a market capitalization of $853.22 million, a price-to-earnings ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 12 month low of $12.57 and a 12 month high of $31.92. The firm’s 50-day moving average is $14.59 and its 200 day moving average is $15.84.

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.