Headlands Technologies LLC Buys New Position in United States Natural Gas Fund LP (NYSEARCA:UNG)

Headlands Technologies LLC purchased a new position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 39,427 shares of the exchange traded fund’s stock, valued at approximately $663,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNG. The Manufacturers Life Insurance Company boosted its stake in shares of United States Natural Gas Fund by 135.7% during the third quarter. The Manufacturers Life Insurance Company now owns 545,504 shares of the exchange traded fund’s stock worth $8,908,000 after buying an additional 314,057 shares during the period. Quadrature Capital Ltd purchased a new stake in United States Natural Gas Fund during the 3rd quarter valued at approximately $6,751,000. Virtu Financial LLC acquired a new stake in United States Natural Gas Fund during the 3rd quarter worth approximately $6,482,000. MML Investors Services LLC purchased a new position in shares of United States Natural Gas Fund in the 3rd quarter valued at approximately $712,000. Finally, Kieckhefer Group LLC acquired a new position in shares of United States Natural Gas Fund in the fourth quarter valued at approximately $641,000.

United States Natural Gas Fund Price Performance

United States Natural Gas Fund stock opened at $21.05 on Thursday. The business has a 50 day simple moving average of $20.27 and a 200-day simple moving average of $16.87. United States Natural Gas Fund LP has a 12 month low of $12.35 and a 12 month high of $24.33. The stock has a market capitalization of $508.36 million, a PE ratio of -17.89 and a beta of 0.14.

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.