21,922 Shares in United States Gasoline Fund LP $UGA Acquired by Global View Capital Management LLC

Global View Capital Management LLC acquired a new position in United States Gasoline Fund LP (NYSEARCA:UGA) in the 3rd quarter, HoldingsChannel reports. The firm acquired 21,922 shares of the company’s stock, valued at approximately $3,216,000. United States Gasoline Fund accounts for about 0.7% of Global View Capital Management LLC’s holdings, making the stock its 19th biggest position.

A number of other large investors also recently modified their holdings of UGA. Private Advisor Group LLC purchased a new position in shares of United States Gasoline Fund during the first quarter valued at approximately $489,000. Ascentis Independent Advisors bought a new stake in United States Gasoline Fund during the first quarter worth $31,000. Three Seasons Wealth LLC bought a new stake in United States Gasoline Fund during the first quarter worth $423,000. CoreCap Advisors LLC grew its holdings in United States Gasoline Fund by 250.7% during the second quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock worth $315,000 after buying an additional 2,186 shares in the last quarter. Finally, National Wealth Management Group LLC raised its position in United States Gasoline Fund by 8.5% in the 3rd quarter. National Wealth Management Group LLC now owns 6,229 shares of the company’s stock valued at $914,000 after buying an additional 487 shares during the last quarter.

United States Gasoline Fund Price Performance

NYSEARCA UGA opened at $144.60 on Friday. The business has a fifty day simple moving average of $140.33 and a 200 day simple moving average of $109.56. United States Gasoline Fund LP has a 12 month low of $60.61 and a 12 month high of $153.46.

United States Gasoline Fund Profile

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline 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 the futures contract will be the next month contract to expire, less UGA’s expenses.