Kieckhefer Group LLC Takes Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Kieckhefer Group LLC acquired a new position in United States Natural Gas Fund LP (NYSEARCA:UNG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 38,156 shares of the exchange traded fund’s stock, valued at approximately $641,000. United States Natural Gas Fund comprises about 0.4% of Kieckhefer Group LLC’s holdings, making the stock its 27th biggest holding.

Several other large investors also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC bought a new position in United States Natural Gas Fund in the 3rd quarter worth approximately $29,000. Freedom Investment Management Inc. bought a new position in shares of United States Natural Gas Fund during the third quarter worth $164,000. J.W. Cole Advisors Inc. purchased a new position in United States Natural Gas Fund during the second quarter valued at $184,000. Hourglass Capital LLC bought a new stake in United States Natural Gas Fund in the 3rd quarter valued at $204,000. Finally, Security National Bank purchased a new stake in United States Natural Gas Fund in the 3rd quarter worth $262,000.

United States Natural Gas Fund Price Performance

Shares of United States Natural Gas Fund stock traded down $0.03 during trading on Monday, reaching $18.39. 7,510,066 shares of the stock traded hands, compared to its average volume of 14,132,469. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 52-week low of $12.35 and a 52-week high of $24.35. The business has a fifty day simple moving average of $14.74 and a two-hundred day simple moving average of $14.60.

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.