Scotia Capital Inc. Sells 2,411 Shares of United States Natural Gas Fund LP (NYSEARCA:UNG)

Scotia Capital Inc. cut its holdings in shares of United States Natural Gas Fund LP (NYSEARCA:UNG) by 14.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,386 shares of the exchange traded fund’s stock after selling 2,411 shares during the period. Scotia Capital Inc.’s holdings in United States Natural Gas Fund were worth $242,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mountain Hill Investment Partners Corp. bought a new position in shares of United States Natural Gas Fund during the 4th quarter valued at about $32,000. SG Americas Securities LLC bought a new position in United States Natural Gas Fund in the fourth quarter valued at approximately $267,000. Kieckhefer Group LLC bought a new position in United States Natural Gas Fund in the fourth quarter valued at approximately $641,000. Headlands Technologies LLC acquired a new position in shares of United States Natural Gas Fund in the fourth quarter valued at approximately $663,000. Finally, MML Investors Services LLC bought a new stake in shares of United States Natural Gas Fund during the third quarter worth $712,000.

United States Natural Gas Fund Trading Down 0.9 %

UNG opened at $17.36 on Wednesday. The stock has a market capitalization of $419.24 million, a P/E ratio of -17.89 and a beta of 0.14. United States Natural Gas Fund LP has a 12 month low of $12.35 and a 12 month high of $24.33. The firm’s fifty day simple moving average is $20.65 and its 200 day simple moving average is $17.13.

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.