12,500 Shares in United States Natural Gas Fund LP (NYSEARCA:UNG) Purchased by Hourglass Capital LLC

Hourglass Capital LLC acquired a new stake in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,500 shares of the exchange traded fund’s stock, valued at approximately $204,000.

A number of other large investors also recently bought and sold shares of UNG. International Assets Investment Management LLC acquired a new stake in shares of United States Natural Gas Fund during the 2nd quarter worth approximately $50,000. Creekmur Asset Management LLC acquired a new stake in shares of United States Natural Gas Fund in the 1st quarter worth about $63,000. J.W. Cole Advisors Inc. acquired a new position in United States Natural Gas Fund during the 2nd quarter valued at about $184,000. Security National Bank bought a new stake in United States Natural Gas Fund in the third quarter worth about $262,000. Finally, Avantax Advisory Services Inc. bought a new position in shares of United States Natural Gas Fund during the 1st quarter valued at about $235,000.

United States Natural Gas Fund Price Performance

UNG stock opened at $14.12 on Thursday. The firm has a market cap of $813.73 million, a PE ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 12 month low of $12.35 and a 12 month high of $27.48. The firm has a 50 day simple moving average of $14.36 and a 200 day simple moving average of $15.59.

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.