Commonwealth Equity Services LLC Has $12.13 Million Stock Position in United States Gasoline Fund LP (NYSEARCA:UGA)

Commonwealth Equity Services LLC lifted its position in United States Gasoline Fund LP (NYSEARCA:UGA) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,574 shares of the company’s stock after buying an additional 11,164 shares during the quarter. Commonwealth Equity Services LLC owned about 10.70% of United States Gasoline Fund worth $12,130,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of UGA. Global Retirement Partners LLC bought a new position in United States Gasoline Fund during the fourth quarter worth $175,000. PFG Investments LLC bought a new position in United States Gasoline Fund during the fourth quarter worth $253,000. Park Avenue Securities LLC increased its position in United States Gasoline Fund by 28.2% during the fourth quarter. Park Avenue Securities LLC now owns 4,475 shares of the company’s stock worth $282,000 after acquiring an additional 985 shares during the period. MML Investors Services LLC increased its position in United States Gasoline Fund by 7.4% during the third quarter. MML Investors Services LLC now owns 6,566 shares of the company’s stock worth $384,000 after acquiring an additional 453 shares during the period. Finally, National Wealth Management Group LLC bought a new position in United States Gasoline Fund during the third quarter worth $563,000.

United States Gasoline Fund Stock Down 0.5 %

Shares of UGA stock opened at $60.81 on Wednesday. United States Gasoline Fund LP has a 1 year low of $55.37 and a 1 year high of $74.57. The firm’s fifty day simple moving average is $63.47 and its 200 day simple moving average is $62.01.

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.