Centric Wealth Management Purchases New Shares in United States Natural Gas Fund LP $UNG

Centric Wealth Management purchased a new position in United States Natural Gas Fund LP (NYSEARCA:UNG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,000 shares of the exchange traded fund’s stock, valued at approximately $1,222,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its position in United States Natural Gas Fund by 5,325.8% during the first quarter. BNP Paribas Financial Markets now owns 1,636,789 shares of the exchange traded fund’s stock valued at $35,371,000 after acquiring an additional 1,606,622 shares during the last quarter. Jump Financial LLC purchased a new position in shares of United States Natural Gas Fund during the 1st quarter worth about $11,447,000. Flow Traders U.S. LLC grew its holdings in United States Natural Gas Fund by 324.5% during the 1st quarter. Flow Traders U.S. LLC now owns 123,602 shares of the exchange traded fund’s stock valued at $2,671,000 after purchasing an additional 94,485 shares during the last quarter. Virtu Financial LLC purchased a new stake in United States Natural Gas Fund in the 1st quarter worth about $1,824,000. Finally, JPMorgan Chase & Co. bought a new stake in United States Natural Gas Fund in the second quarter worth about $940,000.

United States Natural Gas Fund Price Performance

Shares of NYSEARCA:UNG opened at $14.65 on Friday. The business has a 50 day simple moving average of $13.20 and a two-hundred day simple moving average of $14.34. United States Natural Gas Fund LP has a 1 year low of $11.55 and a 1 year high of $24.33. The firm has a market capitalization of $703.93 million, a PE ratio of -15.04 and a beta of -0.12.

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.