United States Gasoline Fund LP $UGA Stock: WealthCare Asset Management LLC Decreases Position

WealthCare Asset Management LLC trimmed its stake in United States Gasoline Fund LP (NYSEARCA:UGA) by 35.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,027 shares of the company’s stock after selling 15,751 shares during the period. United States Gasoline Fund makes up about 3.7% of WealthCare Asset Management LLC’s portfolio, making the stock its 8th biggest position. WealthCare Asset Management LLC owned about 2.52% of United States Gasoline Fund worth $4,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of UGA. CoreCap Advisors LLC increased its position in shares of United States Gasoline Fund by 5.1% during the 3rd quarter. CoreCap Advisors LLC now owns 3,213 shares of the company’s stock valued at $471,000 after purchasing an additional 155 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in United States Gasoline Fund during the 1st quarter valued at $31,000. Cetera Investment Advisers raised its holdings in United States Gasoline Fund by 1.0% during the 1st quarter. Cetera Investment Advisers now owns 37,402 shares of the company’s stock valued at $3,865,000 after buying an additional 374 shares during the period. Three Seasons Wealth LLC raised its holdings in United States Gasoline Fund by 35.0% during the 2nd quarter. Three Seasons Wealth LLC now owns 5,521 shares of the company’s stock valued at $568,000 after buying an additional 1,431 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in United States Gasoline Fund by 96.8% in the first quarter. EverSource Wealth Advisors LLC now owns 5,079 shares of the company’s stock worth $525,000 after buying an additional 2,498 shares during the last quarter.

United States Gasoline Fund Stock Performance

Shares of UGA opened at $145.10 on Tuesday. The business has a fifty day moving average of $138.31 and a 200 day moving average of $107.54. United States Gasoline Fund LP has a 52-week low of $60.61 and a 52-week high of $153.46.

United States Gasoline Fund Company 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.