Thrivent Financial for Lutherans Cuts Position in United States Gasoline Fund LP (NYSEARCA:UGA)

Thrivent Financial for Lutherans reduced its stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 8.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,182 shares of the company’s stock after selling 1,588 shares during the period. Thrivent Financial for Lutherans’ holdings in United States Gasoline Fund were worth $1,041,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. MML Investors Services LLC raised its holdings in United States Gasoline Fund by 7.4% during the third quarter. MML Investors Services LLC now owns 6,566 shares of the company’s stock worth $384,000 after purchasing an additional 453 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of United States Gasoline Fund by 28.2% in the fourth quarter. Park Avenue Securities LLC now owns 4,475 shares of the company’s stock valued at $282,000 after buying an additional 985 shares in the last quarter. PFG Investments LLC acquired a new position in shares of United States Gasoline Fund during the 4th quarter worth $253,000. Milestone Asset Management LLC boosted its position in shares of United States Gasoline Fund by 51.1% in the 4th quarter. Milestone Asset Management LLC now owns 31,974 shares of the company’s stock worth $2,014,000 after buying an additional 10,808 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its stake in United States Gasoline Fund by 4.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 9,955 shares of the company’s stock valued at $633,000 after acquiring an additional 431 shares during the last quarter.

United States Gasoline Fund Stock Performance

Shares of United States Gasoline Fund stock opened at $64.61 on Wednesday. The business has a 50 day moving average price of $62.86 and a 200 day moving average price of $62.33. United States Gasoline Fund LP has a 1 year low of $55.37 and a 1 year 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.