United States Natural Gas Fund LP (NYSEARCA:UNG) Stake Lowered by Barclays PLC

Barclays PLC cut its stake in United States Natural Gas Fund LP (NYSEARCA:UNG) by 95.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,214 shares of the exchange traded fund’s stock after selling 1,642,322 shares during the quarter. Barclays PLC’s holdings in United States Natural Gas Fund were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of UNG. Hobbs Group Advisors LLC bought a new stake in United States Natural Gas Fund in the third quarter worth approximately $29,000. MML Investors Services LLC bought a new position in United States Natural Gas Fund during the third quarter valued at about $712,000. Quadrature Capital Ltd acquired a new stake in shares of United States Natural Gas Fund in the third quarter worth about $6,751,000. IHT Wealth Management LLC lifted its position in shares of United States Natural Gas Fund by 207.9% in the third quarter. IHT Wealth Management LLC now owns 31,025 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 20,949 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of United States Natural Gas Fund by 104.8% during the 3rd quarter. Captrust Financial Advisors now owns 28,042 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 14,351 shares during the last quarter.

United States Natural Gas Fund Stock Performance

Shares of UNG stock opened at $18.22 on Tuesday. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -11.60 and a beta of 0.17. The stock’s 50 day simple moving average is $14.85 and its 200 day simple moving average is $14.60. United States Natural Gas Fund LP has a twelve month low of $12.35 and a twelve month high of $24.35.

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.