Cetera Advisors LLC sells 24,640 shares of United States Natural Gas Fund LP (NYSEARCA:UNG)

Cetera Advisors LLC reduced its position in United States Natural Gas Fund LP (NYSEARCA:UNG – Free Report) by 45.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,154 shares of the exchange-traded fund after selling 24,640 shares during the same period. Cetera Advisors LLC owned about 0.05% of United States Natural Gas Fund worth $425,000 at the end of the last quarter.

A number of other large investors have also made changes to their positions in the company. Texas Capital Bank Wealth Management Services Inc. increased its holdings in shares of United States Natural Gas Fund by 47.1% in the fourth quarter. Texas Capital Bank Wealth Management Services Inc. now owns 500,000 shares of the exchange traded fund worth $2,535,000 after buying an additional 160,000 shares during the same period. Jump Financial LLC acquired a new position worth $1,780,000 in United States Natural Gas Fund during the fourth quarter. Daiwa Securities Group Inc. increased its holdings in United States Natural Gas Fund by 32.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 285,875 shares of the exchange traded fund worth $1,449,000 after buying an additional 70,300 shares during the same period. Shah Capital Management acquired a new stake in shares of United States Natural Gas Fund in the 1st quarter valued at approximately $3,124,000. Finally, Advisory Services Network LLC increased its stake in shares of United States Natural Gas Fund by 12.1% in the fourth quarter. Advisory Services Network LLC now owns 178,551 shares of the exchange traded fund’s stock valued at $905,000 after acquiring an additional 19,209 shares in the last quarter.

Performance of the United States Natural Gas Fund share

NYSEARCA:UNG opened at $14.33 on Wednesday. The company has a market cap of $826.12 million, a P/E ratio of -11.60 and a beta of 0.17. The stock has a 50-day moving average of $16.33 and a 200-day moving average of $16.40. United States Natural Gas Fund LP has a 52-week low of $12.57 and a 52-week high of $31.92.

Company profile of the United States Natural Gas Fund

(Free report)

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) that trade on the NYSE Arca, Inc. (NYSE Arca). The Company’s investment objective is for daily percentage changes in the net asset value (NAV) per share of its shares to reflect daily percentage changes in the spot price of natural gas delivered at the Henry Hub in Louisiana, as measured by daily price changes in natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX) that have a contract expiring within the next month, unless the next month’s contract expires within two weeks, in which case it will be measured by the futures contract expiring within the next month (the benchmark futures contract), less its cost.