National Wealth Management Group LLC Buys Shares of 9,631 United States Gasoline Fund LP (NYSEARCA:UGA)

National Wealth Management Group LLC bought a new stake in shares of United States Gasoline Fund LP (NYSEARCA:UGA) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,631 shares of the company’s stock, valued at approximately $563,000. National Wealth Management Group LLC owned approximately 0.54% of United States Gasoline Fund at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Pettinga Financial Advisors LLC grew its stake in United States Gasoline Fund by 1.3% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 16,466 shares of the company’s stock valued at $1,113,000 after acquiring an additional 215 shares in the last quarter. Comerica Bank bought a new stake in shares of United States Gasoline Fund in the 1st quarter valued at approximately $44,000. Rosenberg Matthew Hamilton bought a new stake in shares of United States Gasoline Fund in the 3rd quarter valued at approximately $48,000. Roman Butler Fullerton & Co. grew its stake in shares of United States Gasoline Fund by 18.2% in the 2nd quarter. Roman Butler Fullerton & Co. now owns 6,619 shares of the company’s stock valued at $449,000 after buying an additional 1,018 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of United States Gasoline Fund by 5.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 18,770 shares of the company’s stock valued at $1,097,000 after buying an additional 1,036 shares in the last quarter.

United States Gasoline Fund Price Performance

Shares of NYSEARCA UGA opened at $60.62 on Thursday. The business has a 50 day simple moving average of $61.65 and a 200 day simple moving average of $63.61. United States Gasoline Fund LP has a 52 week low of $55.37 and a 52 week high of $74.57.

United States Gasoline Fund 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.