Private Wealth Partners LLC Takes $117,000 Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Private Wealth Partners LLC bought a new stake in United States Natural Gas Fund LP (NYSEARCA:UNG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,000 shares of the exchange traded fund’s stock, valued at approximately $117,000.

Other hedge funds also recently modified their holdings of the company. Clearstead Advisors LLC purchased a new stake in shares of United States Natural Gas Fund in the third quarter valued at $50,000. Vawter Financial Ltd. purchased a new stake in shares of United States Natural Gas Fund during the third quarter worth $68,000. Aspire Capital Advisors LLC purchased a new stake in shares of United States Natural Gas Fund during the fourth quarter worth $65,000. Sovereign Financial Group Inc. purchased a new stake in shares of United States Natural Gas Fund during the third quarter worth $92,000. Finally, Headlands Technologies LLC purchased a new stake in shares of United States Natural Gas Fund during the fourth quarter worth $78,000.

United States Natural Gas Fund Stock Down 2.2 %

Shares of NYSEARCA:UNG traded down $0.31 on Friday, reaching $14.06. The company had a trading volume of 7,256,948 shares, compared to its average volume of 7,615,560. United States Natural Gas Fund LP has a twelve month low of $13.86 and a twelve month high of $32.32. The stock has a 50-day moving average price of $15.37 and a 200 day moving average price of $20.38. The stock has a market capitalization of $755.73 million, a P/E ratio of -11.91 and a beta of 0.16.

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.