Tactive Advisors LLC Sells 5,057 Shares of United States Gasoline Fund LP $UGA

Tactive Advisors LLC lessened its holdings in United States Gasoline Fund LP (NYSEARCA:UGA) by 56.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,881 shares of the company’s stock after selling 5,057 shares during the period. Tactive Advisors LLC owned about 0.37% of United States Gasoline Fund worth $400,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Steward Partners Investment Advisory LLC bought a new stake in United States Gasoline Fund during the fourth quarter valued at approximately $30,000. Ascentis Independent Advisors bought a new position in United States Gasoline Fund in the first quarter worth approximately $31,000. JPMorgan Chase & Co. boosted its stake in shares of United States Gasoline Fund by 73.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 566 shares of the company’s stock worth $36,000 after acquiring an additional 239 shares during the last quarter. Motiv8 Investments LLC purchased a new position in shares of United States Gasoline Fund during the 4th quarter worth $44,000. Finally, Osaic Holdings Inc. grew its position in shares of United States Gasoline Fund by 39.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,894 shares of the company’s stock valued at $114,000 after acquiring an additional 533 shares during the period.

United States Gasoline Fund Stock Performance

NYSEARCA:UGA opened at $111.65 on Monday. United States Gasoline Fund LP has a one year low of $60.40 and a one year high of $126.75. The business has a fifty day moving average price of $109.31 and a 200-day moving average price of $98.87.

About United States Gasoline Fund

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline 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 the futures contract will be the next month contract to expire, less UGA’s expenses.