10,030 Shares in United States Gasoline Fund LP (NYSEARCA:UGA) Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. acquired a new stake in United States Gasoline Fund LP (NYSEARCA:UGA – Get Rating) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,030 shares of the company’s stock, valued at approximately $601,000. Cambridge Investment Research Advisors Inc. owned approximately 0.84% of United States Gasoline Fund at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its position in shares of United States Gasoline Fund by 45.0% during the 2nd quarter. Wells Fargo & Company MN now owns 113,594 shares of the company’s stock worth $7,704,000 after buying an additional 35,279 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of United States Gasoline Fund by 139.7% in the second quarter. LPL Financial LLC now owns 48,712 shares of the company’s stock worth $3,304,000 after acquiring an additional 28,386 shares during the last quarter. Walleye Capital LLC acquired a new stake in shares of United States Gasoline Fund in the 2nd quarter valued at approximately $393,000. Capital Wealth Alliance LLC grew its holdings in shares of United States Gasoline Fund by 7.5% during the 4th quarter. Capital Wealth Alliance LLC now owns 55,140 shares of the company’s stock valued at $3,301,000 after purchasing an additional 3,843 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in United States Gasoline Fund by 11.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 33,232 shares of the company’s stock worth $1,992,000 after purchasing an additional 3,458 shares in the last quarter.

United States Gasoline Fund Stock Performance

Shares of United States Gasoline Fund stock opened at $60.68 on Wednesday. The company’s 50 day moving average price is $59.30 and its two-hundred day moving average price is $58.46. United States Gasoline Fund LP has a fifty-two week low of $49.22 and a fifty-two week high of $80.29.

About United States Gasoline Fund

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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.