National Wealth Management Group LLC Has $519,000 Stake in United States Gasoline Fund LP (NYSEARCA:UGA)

National Wealth Management Group LLC reduced its position in shares of United States Gasoline Fund LP (NYSEARCA:UGA) by 14.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,240 shares of the company’s stock after selling 1,391 shares during the period. National Wealth Management Group LLC’s holdings in United States Gasoline Fund were worth $519,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Commonwealth Equity Services LLC boosted its holdings in shares of United States Gasoline Fund by 6.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 192,574 shares of the company’s stock worth $12,130,000 after purchasing an additional 11,164 shares during the period. Global Retirement Partners LLC acquired a new position in United States Gasoline Fund in the 4th quarter worth about $175,000. Roman Butler Fullerton & Co. raised its stake in shares of United States Gasoline Fund by 4.5% during the 4th quarter. Roman Butler Fullerton & Co. now owns 9,955 shares of the company’s stock worth $633,000 after purchasing an additional 431 shares in the last quarter. Milestone Asset Management LLC lifted its holdings in shares of United States Gasoline Fund by 51.1% during the 4th quarter. Milestone Asset Management LLC now owns 31,974 shares of the company’s stock valued at $2,014,000 after buying an additional 10,808 shares during the last quarter. Finally, PFG Investments LLC bought a new stake in shares of United States Gasoline Fund in the 4th quarter valued at approximately $253,000.

United States Gasoline Fund Trading Up 2.3 %

NYSEARCA UGA opened at $64.25 on Tuesday. United States Gasoline Fund LP has a 12-month low of $55.37 and a 12-month high of $74.57. The company has a 50 day moving average price of $62.88 and a two-hundred day moving average price of $62.29.

About United States Gasoline Fund

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.