Freedom Investment Management Inc. Acquires Shares of 10,050 United States Natural Gas Fund LP (NYSEARCA:UNG)

Freedom Investment Management Inc. bought a new position in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) during the 3rd quarter, Holdings Channel.com reports. The fund bought 10,050 shares of the exchange traded fund’s stock, valued at approximately $164,000.

A number of other large investors have also modified their holdings of the business. International Assets Investment Management LLC acquired a new position in United States Natural Gas Fund during the second quarter worth $50,000. J.W. Cole Advisors Inc. purchased a new stake in shares of United States Natural Gas Fund during the 2nd quarter worth approximately $184,000. Insigneo Advisory Services LLC acquired a new stake in shares of United States Natural Gas Fund in the 2nd quarter worth approximately $417,000. The Manufacturers Life Insurance Company purchased a new position in United States Natural Gas Fund in the 2nd quarter valued at approximately $4,034,000. Finally, Creative Planning purchased a new position in United States Natural Gas Fund in the 2nd quarter valued at approximately $379,000.

United States Natural Gas Fund Stock Performance

UNG opened at $14.43 on Monday. The company has a market cap of $831.89 million, a price-to-earnings ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund LP has a one year low of $12.35 and a one year high of $27.48. The business’s fifty day moving average is $14.29 and its two-hundred day moving average is $15.45.

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.