Choreo LLC Invests $56,000 in United States Natural Gas Fund LP (NYSEARCA:UNG)

Choreo LLC purchased a new stake in United States Natural Gas Fund LP (NYSEARCA:UNG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,000 shares of the exchange traded fund’s stock, valued at approximately $56,000.

Several other institutional investors have also made changes to their positions in the stock. Clearstead Advisors LLC bought a new stake in United States Natural Gas Fund during the third quarter worth about $50,000. Aspire Capital Advisors LLC acquired a new stake in shares of United States Natural Gas Fund during the 4th quarter worth approximately $65,000. Vawter Financial Ltd. bought a new position in United States Natural Gas Fund in the third quarter valued at approximately $68,000. Headlands Technologies LLC acquired a new position in United States Natural Gas Fund during the fourth quarter valued at approximately $78,000. Finally, Round Rock Advisors LLC lifted its stake in United States Natural Gas Fund by 21.1% during the fourth quarter. Round Rock Advisors LLC now owns 16,214 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 2,823 shares during the last quarter.

United States Natural Gas Fund Stock Performance

Shares of UNG opened at $15.67 on Friday. United States Natural Gas Fund LP has a 52-week low of $13.86 and a 52-week high of $32.32. The firm has a market cap of $903.38 million, a price-to-earnings ratio of -11.60 and a beta of 0.17. The business’s fifty day moving average is $15.29 and its 200-day moving average is $19.82.

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.