Thrivent Financial for Lutherans Has $1.10 Million Stake in United States Gasoline Fund LP (NYSEARCA:UGA)

Thrivent Financial for Lutherans raised its stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 5.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,770 shares of the company’s stock after acquiring an additional 1,036 shares during the quarter. Thrivent Financial for Lutherans’ holdings in United States Gasoline Fund were worth $1,097,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roman Butler Fullerton & Co. raised its position in shares of United States Gasoline Fund by 43.9% in the third quarter. Roman Butler Fullerton & Co. now owns 9,524 shares of the company’s stock valued at $589,000 after purchasing an additional 2,905 shares during the period. Rosenberg Matthew Hamilton acquired a new position in United States Gasoline Fund in the 3rd quarter valued at $48,000. Pettinga Financial Advisors LLC raised its holdings in United States Gasoline Fund by 1.4% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 16,701 shares of the company’s stock worth $976,000 after acquiring an additional 235 shares during the period. Park Avenue Securities LLC acquired a new position in United States Gasoline Fund during the 3rd quarter worth $204,000. Finally, Bank of Montreal Can bought a new stake in United States Gasoline Fund during the second quarter valued at about $2,043,000.

United States Gasoline Fund Stock Down 0.5 %

Shares of NYSEARCA:UGA opened at $60.29 on Monday. The stock’s 50-day moving average is $61.62 and its 200-day moving average is $63.51. United States Gasoline Fund LP has a 52-week low of $55.37 and a 52-week high of $74.57.

United States Gasoline Fund Profile

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.