Stock Traders Purchase Large Volume of Call Options on United States Natural Gas Fund, (UNG)

United States Natural Gas Fund, LP (NYSE:UNG) was the recipient of unusually large options trading on Friday. Stock investors bought 18,683 call options on the company. This is an increase of 114% compared to the typical volume of 8,732 call options.

Several hedge funds have recently added to or reduced their stakes in the company. Jump Trading LLC purchased a new position in shares of United States Natural Gas Fund, during the second quarter valued at approximately $372,000. Clear Perspective Advisors LLC purchased a new position in shares of United States Natural Gas Fund, during the second quarter valued at approximately $203,000. Ameriprise Financial Inc. lifted its holdings in shares of United States Natural Gas Fund, by 8.2% during the second quarter. Ameriprise Financial Inc. now owns 24,685 shares of the exchange traded fund’s stock valued at $167,000 after purchasing an additional 1,875 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of United States Natural Gas Fund, by 7.6% during the second quarter. Wells Fargo & Company MN now owns 396,535 shares of the exchange traded fund’s stock valued at $2,689,000 after purchasing an additional 27,840 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of United States Natural Gas Fund, by 79,127.7% during the second quarter. JPMorgan Chase & Co. now owns 475,366 shares of the exchange traded fund’s stock valued at $3,223,000 after purchasing an additional 474,766 shares during the last quarter.

Shares of United States Natural Gas Fund, (UNG) traded down 1.040% during mid-day trading on Monday, reaching $6.185. The company’s stock had a trading volume of 1,960,005 shares. The company has a 50-day moving average of $6.60 and a 200-day moving average of $6.93. United States Natural Gas Fund, has a 12 month low of $6.16 and a 12 month high of $9.74.

ILLEGAL ACTIVITY NOTICE: “Stock Traders Purchase Large Volume of Call Options on United States Natural Gas Fund, (UNG)” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international tradem

Several hedge funds have recently added to or reduced their stakes in the company. Jump Trading LLC purchased a new position in shares of United States Natural Gas Fund, during the second quarter valued at approximately $372,000. Clear Perspective Advisors LLC purchased a new position in shares of United States Natural Gas Fund, during the second quarter valued at approximately $203,000. Ameriprise Financial Inc. lifted its holdings in shares of United States Natural Gas Fund, by 8.2% during the second quarter. Ameriprise Financial Inc. now owns 24,685 shares of the exchange traded fund’s stock valued at $167,000 after purchasing an additional 1,875 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of United States Natural Gas Fund, by 7.6% during the second quarter. Wells Fargo & Company MN now owns 396,535 shares of the exchange traded fund’s stock valued at $2,689,000 after purchasing an additional 27,840 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of United States Natural Gas Fund, by 79,127.7% during the second quarter. JPMorgan Chase & Co. now owns 475,366 shares of the exchange traded fund’s stock valued at $3,223,000 after purchasing an additional 474,766 shares during the last quarter.

Shares of United States Natural Gas Fund, (UNG) traded down 1.040% during mid-day trading on Monday, reaching $6.185. The company’s stock had a trading volume of 1,960,005 shares. The company has a 50-day moving average of $6.60 and a 200-day moving average of $6.93. United States Natural Gas Fund, has a 12 month low of $6.16 and a 12 month high of $9.74.

ILLEGAL ACTIVITY NOTICE: “Stock Traders Purchase Large Volume of Call Options on United States Natural Gas Fund, (UNG)” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/09/stock-traders-purchase-large-volume-of-call-options-on-united-states-natural-gas-fund-ung.html.

United States Natural Gas Fund, Company Profile

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.

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