United States Natural Gas Fund (NYSEARCA:UNG) Sets New 12-Month Low at $13.77

United States Natural Gas Fund LP (NYSEARCA:UNG) shares reached a new 52-week low on Wednesday . The company traded as low as $13.77 and last traded at $13.93, with a volume of 4139799 shares trading hands. The stock had previously closed at $14.61.

United States Natural Gas Fund Price Performance

The stock has a market capitalization of $791.53 million, a PE ratio of -11.60 and a beta of 0.17. The stock’s 50 day simple moving average is $18.10 and its two-hundred day simple moving average is $17.62.

Institutional Trading of United States Natural Gas Fund

A number of institutional investors have recently modified their holdings of the business. Virtu Financial LLC purchased a new stake in shares of United States Natural Gas Fund during the 1st quarter valued at approximately $861,000. Creekmur Asset Management LLC purchased a new stake in United States Natural Gas Fund in the 1st quarter worth approximately $63,000. Shah Capital Management bought a new position in United States Natural Gas Fund in the first quarter valued at $3,124,000. Avantax Advisory Services Inc. purchased a new stake in United States Natural Gas Fund during the first quarter valued at about $235,000. Finally, Capital Square LLC bought a new stake in United States Natural Gas Fund during the first quarter worth about $242,000.

United States Natural Gas Fund Company Profile

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.