United States Natural Gas Fund (NYSEARCA:UNG) Reaches New 1-Year Low at $13.99

United States Natural Gas Fund LP (NYSEARCA:UNG)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $13.99 and last traded at $14.02, with a volume of 1816857 shares changing hands. The stock had previously closed at $14.14.

United States Natural Gas Fund Stock Down 0.7 %

The firm has a market cap of $772.93 million, a P/E ratio of -11.91 and a beta of 0.16. The firm’s fifty day moving average is $15.54 and its two-hundred day moving average is $20.99.

Institutional Trading of United States Natural Gas Fund

Hedge funds have recently modified their holdings of the business. S.A. Mason LLC raised its position in United States Natural Gas Fund by 96.0% in the 3rd quarter. S.A. Mason LLC now owns 3,675 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 1,800 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of United States Natural Gas Fund during the 4th quarter valued at about $25,000. MeadowBrook Investment Advisors LLC purchased a new stake in shares of United States Natural Gas Fund during the 4th quarter valued at about $31,000. Tower Research Capital LLC TRC increased its position in shares of United States Natural Gas Fund by 26,613.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 6,144 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 6,121 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of United States Natural Gas Fund during the 4th quarter valued at about $47,000.

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.