Tactive Advisors LLC Sells 5,057 Shares of United States Gasoline Fund LP $UGA

Tactive Advisors LLC decreased its position in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 56.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,881 shares of the company’s stock after selling 5,057 shares during the period. Tactive Advisors LLC’s holdings in United States Gasoline Fund were worth $400,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UGA. Royal Bank of Canada boosted its position in shares of United States Gasoline Fund by 45.4% in the first quarter. Royal Bank of Canada now owns 23,738 shares of the company’s stock worth $1,525,000 after purchasing an additional 7,415 shares during the period. Jane Street Group LLC increased its stake in shares of United States Gasoline Fund by 666.0% in the first quarter. Jane Street Group LLC now owns 38,799 shares of the company’s stock worth $2,493,000 after purchasing an additional 33,734 shares in the last quarter. Osaic Holdings Inc. raised its position in shares of United States Gasoline Fund by 39.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,894 shares of the company’s stock valued at $114,000 after purchasing an additional 533 shares during the period. JPMorgan Chase & Co. raised its position in shares of United States Gasoline Fund by 73.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 566 shares of the company’s stock valued at $36,000 after purchasing an additional 239 shares during the period. Finally, Exit Wealth Advisors LLC. purchased a new position in shares of United States Gasoline Fund during the 3rd quarter valued at $3,089,000.

United States Gasoline Fund Price Performance

Shares of United States Gasoline Fund stock opened at $111.65 on Monday. The company has a fifty day moving average of $109.31 and a 200 day moving average of $98.87. United States Gasoline Fund LP has a fifty-two week low of $60.40 and a fifty-two week high of $126.75.

United States Gasoline Fund Company Profile

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline 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 the futures contract will be the next month contract to expire, less UGA’s expenses.