619,052 Shares in United States Natural Gas Fund LP (NYSEARCA:UNG) Purchased by Sourcerock Group LLC

Sourcerock Group LLC acquired a new position in United States Natural Gas Fund LP (NYSEARCA:UNG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 619,052 shares of the exchange traded fund’s stock, valued at approximately $10,406,000. United States Natural Gas Fund comprises about 0.7% of Sourcerock Group LLC’s holdings, making the stock its 28th largest holding. Sourcerock Group LLC owned about 1.07% of United States Natural Gas Fund at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in United States Natural Gas Fund by 0.8% during the fourth quarter. Wells Fargo & Company MN now owns 349,559 shares of the exchange traded fund’s stock worth $5,876,000 after acquiring an additional 2,644 shares during the last quarter. Bank of America Corp DE increased its stake in shares of United States Natural Gas Fund by 37,448.0% in the 4th quarter. Bank of America Corp DE now owns 244,062 shares of the exchange traded fund’s stock worth $4,103,000 after acquiring an additional 243,412 shares during the last quarter. Centric Wealth Management acquired a new stake in shares of United States Natural Gas Fund in the 4th quarter worth $3,614,000. Barclays PLC raised its holdings in shares of United States Natural Gas Fund by 21.2% during the 4th quarter. Barclays PLC now owns 92,376 shares of the exchange traded fund’s stock worth $1,552,000 after acquiring an additional 16,162 shares during the period. Finally, Man Group plc boosted its position in shares of United States Natural Gas Fund by 41.0% during the 4th quarter. Man Group plc now owns 92,357 shares of the exchange traded fund’s stock valued at $1,553,000 after acquiring an additional 26,852 shares during the last quarter.

United States Natural Gas Fund Trading Down 0.5%

United States Natural Gas Fund stock opened at $16.71 on Monday. The company has a 50-day moving average price of $18.81 and a 200 day moving average price of $17.58. United States Natural Gas Fund LP has a 12-month low of $12.35 and a 12-month high of $24.33. The stock has a market cap of $403.55 million, a P/E ratio of -15.04 and a beta of 0.13.

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.