Milestone Asset Management LLC Grows Stock Position in United States Gasoline Fund LP (NYSEARCA:UGA)

Milestone Asset Management LLC lifted its stake in shares of United States Gasoline Fund LP (NYSEARCA:UGAFree Report) by 51.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,974 shares of the company’s stock after buying an additional 10,808 shares during the quarter. Milestone Asset Management LLC’s holdings in United States Gasoline Fund were worth $2,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. PFG Investments LLC purchased a new stake in shares of United States Gasoline Fund during the fourth quarter worth approximately $253,000. Park Avenue Securities LLC raised its position in 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 worth $282,000 after acquiring an additional 985 shares in the last quarter. MML Investors Services LLC raised its position in United States Gasoline Fund by 7.4% in the third quarter. MML Investors Services LLC now owns 6,566 shares of the company’s stock worth $384,000 after acquiring an additional 453 shares in the last quarter. National Wealth Management Group LLC purchased a new position in United States Gasoline Fund in the third quarter worth $563,000. Finally, Thrivent Financial for Lutherans raised its position in United States Gasoline Fund by 5.8% in the third quarter. Thrivent Financial for Lutherans now owns 18,770 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,036 shares in the last quarter.

United States Gasoline Fund Trading Down 0.6 %

NYSEARCA:UGA opened at $63.86 on Thursday. The stock has a fifty day moving average price of $62.82 and a two-hundred day moving average price of $62.49. 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

(Free Report)

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.

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Institutional Ownership by Quarter for United States Gasoline Fund (NYSEARCA:UGA)

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