Advisory Services Network LLC Has $169,000 Stake in United States Gasoline Fund LP (NYSEARCA:UGA)

Advisory Services Network LLC trimmed its position in shares of United States Gasoline Fund LP (NYSEARCA:UGAFree Report) by 78.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,789 shares of the company’s stock after selling 10,302 shares during the period. Advisory Services Network LLC owned approximately 0.25% of United States Gasoline Fund worth $169,000 at the end of the most recent quarter.

Separately, Roman Butler Fullerton & Co. acquired a new stake in United States Gasoline Fund during the fourth quarter worth about $211,000.

United States Gasoline Fund Stock Performance

UGA opened at $64.25 on Friday. The company’s 50 day moving average is $68.92 and its 200-day moving average is $65.87. United States Gasoline Fund LP has a 1-year low of $56.91 and a 1-year high of $76.08.

United States Gasoline Fund Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United States Gasoline Fund (NYSEARCA:UGA)

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