Private Advisor Group LLC Purchases New Position in United States Gasoline Fund LP $UGA

Private Advisor Group LLC purchased a new stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,735 shares of the company’s stock, valued at approximately $489,000. Private Advisor Group LLC owned about 0.41% of United States Gasoline Fund at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Roman Butler Fullerton & Co. bought a new stake in shares of United States Gasoline Fund in the 4th quarter worth approximately $775,000. Farther Finance Advisors LLC bought a new position in shares of United States Gasoline Fund during the fourth quarter valued at approximately $500,000. Merit Financial Group LLC bought a new position in shares of United States Gasoline Fund during the fourth quarter valued at approximately $2,856,000. Professional Financial Advisors LLC lifted its stake in United States Gasoline Fund by 13.0% in the fourth quarter. Professional Financial Advisors LLC now owns 16,893 shares of the company’s stock worth $1,043,000 after acquiring an additional 1,943 shares during the period. Finally, Mariner LLC purchased a new stake in United States Gasoline Fund in the fourth quarter worth $348,000.

United States Gasoline Fund Trading Down 0.9%

NYSEARCA:UGA opened at $116.49 on Friday. The firm’s fifty day simple moving average is $108.92 and its 200 day simple moving average is $92.76. United States Gasoline Fund LP has a twelve month low of $60.40 and a twelve month high of $125.47.

About United States Gasoline Fund

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.