United States 12 Month Natural Gas Fund (NYSEARCA:UNL) Trading 1.6% Higher

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) shares rose 1.6% during trading on Tuesday . The stock traded as high as $8.09 and last traded at $8.06. Approximately 65,119 shares changed hands during trading, a decline of 22% from the average daily volume of 83,135 shares. The stock had previously closed at $7.93.

United States 12 Month Natural Gas Fund Stock Up 1.6 %

The company has a 50 day moving average of $7.83 and a 200 day moving average of $8.98.

Institutional Investors Weigh In On United States 12 Month Natural Gas Fund

A hedge fund recently bought a new stake in United States 12 Month Natural Gas Fund stock. Cambridge Investment Research Advisors Inc. acquired a new position in shares of United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,997 shares of the company’s stock, valued at approximately $152,000. Cambridge Investment Research Advisors Inc. owned about 0.82% of United States 12 Month Natural Gas Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

About United States 12 Month Natural Gas Fund

The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective 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 average of the prices of the Benchmark Futures Contracts, less UNL’s expenses.