FNY Investment Advisers LLC Lowers Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

FNY Investment Advisers LLC decreased its stake in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 22.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,000 shares of the exchange traded fund’s stock after selling 11,500 shares during the period. FNY Investment Advisers LLC’s holdings in United States Natural Gas Fund were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Stratos Wealth Advisors LLC purchased a new position in shares of United States Natural Gas Fund in the 1st quarter worth approximately $479,000. Virtu Financial LLC grew its stake in United States Natural Gas Fund by 3,433.5% in the 1st quarter. Virtu Financial LLC now owns 426,985 shares of the exchange traded fund’s stock valued at $2,963,000 after purchasing an additional 414,901 shares during the period. Boston Partners purchased a new stake in shares of United States Natural Gas Fund during the 1st quarter valued at $171,000. Verity Asset Management Inc. raised its stake in shares of United States Natural Gas Fund by 80.4% during the 1st quarter. Verity Asset Management Inc. now owns 21,482 shares of the exchange traded fund’s stock worth $149,000 after purchasing an additional 9,575 shares during the period. Finally, Atomi Financial Group Inc. purchased a new position in shares of United States Natural Gas Fund in the 1st quarter worth about $272,000.

United States Natural Gas Fund Stock Performance

UNG stock traded down $0.12 during mid-day trading on Friday, hitting $6.81. The company had a trading volume of 12,730,323 shares, compared to its average volume of 21,101,498. United States Natural Gas Fund LP has a 12 month low of $5.87 and a 12 month high of $27.91. The stock’s fifty day moving average price is $7.03 and its two-hundred day moving average price is $7.07.

United States Natural Gas Fund 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.