United States Natural Gas Fund (NYSEARCA:UNG) Reaches New 1-Year Low at $13.99

United States Natural Gas Fund LP (NYSEARCA:UNG)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $13.99 and last traded at $14.02, with a volume of 1816857 shares changing hands. The stock had previously closed at $14.14.

United States Natural Gas Fund Stock Down 0.7 %

The firm has a market capitalization of $772.93 million, a PE ratio of -11.91 and a beta of 0.16. The stock has a 50-day moving average price of $15.54 and a 200 day moving average price of $20.99.

Institutional Trading of United States Natural Gas Fund

Institutional investors have recently made changes to their positions in the company. MONECO Advisors LLC acquired a new position in shares of United States Natural Gas Fund in the 4th quarter valued at $63,000. Bbjs Financial Advisors LLC lifted its stake in shares of United States Natural Gas Fund by 37.0% in the 4th quarter. Bbjs Financial Advisors LLC now owns 683,875 shares of the exchange traded fund’s stock valued at $3,467,000 after purchasing an additional 184,662 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its stake in shares of United States Natural Gas Fund by 84.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,000 shares of the exchange traded fund’s stock valued at $177,000 after purchasing an additional 16,030 shares during the last quarter. Barclays PLC lifted its stake in shares of United States Natural Gas Fund by 90.0% in the 4th quarter. Barclays PLC now owns 266,065 shares of the exchange traded fund’s stock valued at $1,349,000 after purchasing an additional 126,004 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of United States Natural Gas Fund by 14.4% in the 4th quarter. Royal Bank of Canada now owns 148,454 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 18,739 shares during the last quarter.

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.