International Assets Investment Management LLC Has $753,000 Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

International Assets Investment Management LLC boosted its position in United States Natural Gas Fund LP (NYSEARCA:UNG) by 1,506.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 46,116 shares of the exchange traded fund’s stock after acquiring an additional 43,246 shares during the quarter. International Assets Investment Management LLC’s holdings in United States Natural Gas Fund were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNG. Capital Square LLC acquired a new position in United States Natural Gas Fund in the 1st quarter valued at $242,000. Avantax Advisory Services Inc. acquired a new position in United States Natural Gas Fund in the 1st quarter valued at $235,000. Shah Capital Management acquired a new position in United States Natural Gas Fund in the 1st quarter valued at $3,124,000. Creekmur Asset Management LLC acquired a new position in United States Natural Gas Fund in the 1st quarter valued at $63,000. Finally, Virtu Financial LLC acquired a new position in United States Natural Gas Fund in the 1st quarter valued at $861,000.

United States Natural Gas Fund Trading Down 4.1 %

NYSEARCA:UNG opened at $12.53 on Wednesday. United States Natural Gas Fund LP has a 1 year low of $12.35 and a 1 year high of $27.84. The firm’s fifty day simple moving average is $14.39 and its 200 day simple moving average is $15.67. The firm has a market capitalization of $722.35 million, a PE ratio of -11.60 and a beta of 0.17.

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.