Cetera Investment Advisers Sells 63,782 Shares of United States Natural Gas Fund LP $UNG

Cetera Investment Advisers lowered its position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 69.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 28,370 shares of the exchange traded fund’s stock after selling 63,782 shares during the quarter. Cetera Investment Advisers’ holdings in United States Natural Gas Fund were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wakefield Asset Management LLLP purchased a new stake in shares of United States Natural Gas Fund during the 4th quarter valued at $586,000. Headlands Technologies LLC grew its position in United States Natural Gas Fund by 132.8% during the second quarter. Headlands Technologies LLC now owns 9,618 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 5,486 shares during the period. National Bank of Canada FI increased its holdings in United States Natural Gas Fund by 139.2% during the third quarter. National Bank of Canada FI now owns 10,549 shares of the exchange traded fund’s stock worth $138,000 after buying an additional 6,138 shares during the last quarter. Ancora Advisors LLC increased its holdings in United States Natural Gas Fund by 110.8% during the third quarter. Ancora Advisors LLC now owns 6,850 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 3,600 shares during the last quarter. Finally, Comerica Bank raised its position in 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 worth $58,000 after acquiring an additional 2,515 shares during the period.

United States Natural Gas Fund Stock Down 0.2%

UNG opened at $9.99 on Friday. United States Natural Gas Fund LP has a twelve month low of $9.55 and a twelve month high of $17.02. The company’s 50-day moving average price is $10.70 and its two-hundred day moving average price is $11.29. The stock has a market cap of $467.03 million, a price-to-earnings ratio of -15.04 and a beta of 0.06.

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.