United States Gasoline Fund LP $UGA Stock Position Cut by Tactive Advisors LLC

Tactive Advisors LLC trimmed its stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 30.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,514 shares of the company’s stock after selling 4,985 shares during the quarter. Tactive Advisors LLC owned about 0.92% of United States Gasoline Fund worth $711,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in United States Gasoline Fund by 73.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 566 shares of the company’s stock valued at $36,000 after acquiring an additional 239 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of United States Gasoline Fund in the 3rd quarter worth approximately $138,000. Exit Wealth Advisors LLC. bought a new stake in shares of United States Gasoline Fund in the 3rd quarter worth approximately $3,089,000. Consolidated Portfolio Review Corp lifted its stake in United States Gasoline Fund by 14.3% during the third quarter. Consolidated Portfolio Review Corp now owns 9,491 shares of the company’s stock valued at $612,000 after purchasing an additional 1,189 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in United States Gasoline Fund during the third quarter valued at approximately $124,000.

United States Gasoline Fund Trading Up 5.7%

Shares of NYSEARCA:UGA opened at $104.92 on Monday. United States Gasoline Fund LP has a one year low of $52.80 and a one year high of $105.80. The stock has a fifty day moving average of $74.86 and a 200-day moving average of $68.04.

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.