United States Natural Gas Fund LP $UNG Stake Reduced by Centric Wealth Management

Centric Wealth Management lowered its holdings in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 75.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the exchange traded fund’s stock after selling 60,000 shares during the period. Centric Wealth Management’s holdings in United States Natural Gas Fund were worth $265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of UNG. Scotia Capital Inc. raised its stake in shares of United States Natural Gas Fund by 6.8% during the second quarter. Scotia Capital Inc. now owns 18,882 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 1,205 shares in the last quarter. Comerica Bank boosted its holdings in shares of 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 valued at $58,000 after acquiring an additional 2,515 shares in the last quarter. Headlands Technologies LLC boosted its holdings in shares of United States Natural Gas Fund by 132.8% in the second quarter. Headlands Technologies LLC now owns 9,618 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 5,486 shares in the last quarter. Verity Asset Management Inc. increased its stake in shares of United States Natural Gas Fund by 41.1% during the second quarter. Verity Asset Management Inc. now owns 19,131 shares of the exchange traded fund’s stock valued at $292,000 after acquiring an additional 5,574 shares during the period. Finally, Insigneo Advisory Services LLC raised its holdings in United States Natural Gas Fund by 41.9% during the second quarter. Insigneo Advisory Services LLC now owns 20,186 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 5,963 shares in the last quarter.

United States Natural Gas Fund Stock Performance

UNG opened at $16.90 on Friday. The company has a market capitalization of $639.67 million, a PE ratio of -15.04 and a beta of -0.12. The stock’s fifty day moving average is $13.09 and its 200-day moving average is $13.17. United States Natural Gas Fund LP has a one year low of $9.95 and a one year high of $24.33.

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.