Levin Capital Strategies L.P. Grows Stock Holdings in United States Natural Gas Fund LP (NYSEARCA:UNG)

Levin Capital Strategies L.P. boosted its position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 50.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,000 shares of the exchange traded fund’s stock after acquiring an additional 10,000 shares during the period. Levin Capital Strategies L.P.’s holdings in United States Natural Gas Fund were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC purchased a new stake in United States Natural Gas Fund during the 3rd quarter worth approximately $50,000. Choreo LLC acquired a new position in shares of United States Natural Gas Fund in the fourth quarter valued at about $56,000. MONECO Advisors LLC purchased a new position in shares of United States Natural Gas Fund in the fourth quarter worth about $63,000. Aspire Capital Advisors LLC purchased a new stake in United States Natural Gas Fund in the fourth quarter valued at approximately $65,000. Finally, Vawter Financial Ltd. purchased a new position in United States Natural Gas Fund during the 3rd quarter worth approximately $68,000.

United States Natural Gas Fund Trading Up 5.5 %

Shares of NYSEARCA UNG traded up $0.82 during trading on Friday, reaching $15.68. 11,401,508 shares of the company traded hands, compared to its average volume of 7,683,604. The stock has a market cap of $903.66 million, a P/E ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a 12-month low of $13.86 and a 12-month high of $32.32. The firm’s fifty day simple moving average is $15.28 and its 200 day simple moving average is $19.85.

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.