1,875 Shares in United States Natural Gas Fund LP (NYSEARCA:UNG) Purchased by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. bought a new position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,875 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its position in shares of United States Natural Gas Fund by 135.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 545,504 shares of the exchange traded fund’s stock worth $8,908,000 after purchasing an additional 314,057 shares during the last quarter. Quadrature Capital Ltd purchased a new position in United States Natural Gas Fund during the third quarter worth about $6,751,000. Virtu Financial LLC acquired a new stake in shares of United States Natural Gas Fund during the third quarter valued at about $6,482,000. Daiwa Securities Group Inc. increased its position in shares of United States Natural Gas Fund by 17.7% during the third quarter. Daiwa Securities Group Inc. now owns 88,893 shares of the exchange traded fund’s stock valued at $1,452,000 after acquiring an additional 13,400 shares during the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in shares of United States Natural Gas Fund in the 3rd quarter valued at approximately $1,106,000.

United States Natural Gas Fund Stock Performance

NYSEARCA:UNG opened at $20.84 on Monday. United States Natural Gas Fund LP has a fifty-two week low of $12.35 and a fifty-two week high of $24.33. The company has a 50 day moving average price of $19.92 and a 200 day moving average price of $16.52. The stock has a market capitalization of $503.29 million, a P/E ratio of -18.04 and a beta of 0.20.

United States Natural Gas Fund Company Profile

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.