Daiwa Securities Group Inc. Raises Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

Daiwa Securities Group Inc. boosted its holdings in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 32.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 285,875 shares of the exchange traded fund’s stock after buying an additional 70,300 shares during the quarter. Daiwa Securities Group Inc. owned approximately 0.18% of United States Natural Gas Fund worth $1,449,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UNG. Oppenheimer & Co. Inc. purchased a new position in United States Natural Gas Fund during the third quarter valued at approximately $682,000. Advisor Resource Council grew its holdings in United States Natural Gas Fund by 617.4% in the fourth quarter. Advisor Resource Council now owns 112,898 shares of the exchange traded fund’s stock worth $572,000 after purchasing an additional 97,161 shares during the last quarter. West Chester Capital Advisors Inc. purchased a new position in United States Natural Gas Fund in the third quarter worth $273,000. Atria Wealth Solutions Inc. purchased a new position in United States Natural Gas Fund in the third quarter worth $254,000. Finally, Daymark Wealth Partners LLC grew its holdings in United States Natural Gas Fund by 114.2% in the fourth quarter. Daymark Wealth Partners LLC now owns 65,650 shares of the exchange traded fund’s stock worth $333,000 after purchasing an additional 35,000 shares during the last quarter.

United States Natural Gas Fund Trading Up 2.7 %

NYSEARCA UNG opened at $15.45 on Wednesday. The firm’s fifty day simple moving average is $15.41 and its two-hundred day simple moving average is $20.65. United States Natural Gas Fund LP has a 12-month low of $13.86 and a 12-month high of $32.32. The firm has a market capitalization of $830.44 million, a P/E ratio of -11.91 and a beta of 0.16.

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.