United States 12 Month Natural Gas Fund (NYSEARCA:UNL) Trading Down 0.4%

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL)’s stock price dropped 0.4% on Tuesday . The company traded as low as $7.30 and last traded at $7.32. Approximately 34,562 shares were traded during trading, a decline of 42% from the average daily volume of 59,094 shares. The stock had previously closed at $7.35.

United States 12 Month Natural Gas Fund Trading Up 0.5 %

The firm’s 50-day moving average price is $7.45 and its 200 day moving average price is $7.91.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of UNL. Commonwealth Equity Services LLC lifted its position in shares of United States 12 Month Natural Gas Fund by 28.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 44,543 shares of the company’s stock valued at $368,000 after buying an additional 9,963 shares in the last quarter. Hourglass Capital LLC purchased a new stake in shares of United States 12 Month Natural Gas Fund during the 1st quarter worth $77,000. Finally, Sterling Investment Advisors LLC ADV acquired a new position in United States 12 Month Natural Gas Fund during the 1st quarter valued at about $100,000.

About United States 12 Month Natural Gas Fund

The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective 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 average of the prices of the Benchmark Futures Contracts, less UNL’s expenses.