Global Retirement Partners LLC Acquires Shares of 2,784 United States Gasoline Fund LP (NYSEARCA:UGA)

Global Retirement Partners LLC purchased a new position in shares of United States Gasoline Fund LP (NYSEARCA:UGA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,784 shares of the company’s stock, valued at approximately $175,000. Global Retirement Partners LLC owned 0.15% of United States Gasoline Fund as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton purchased a new position in shares of United States Gasoline Fund during the third quarter valued at approximately $48,000. PFG Investments LLC purchased a new position in shares of United States Gasoline Fund during the fourth quarter valued at approximately $253,000. Park Avenue Securities LLC lifted its stake in shares of 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 valued at $282,000 after buying an additional 985 shares during the period. MML Investors Services LLC lifted its stake in shares of 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 valued at $384,000 after buying an additional 453 shares during the period. Finally, National Wealth Management Group LLC purchased a new position in United States Gasoline Fund during the third quarter worth approximately $563,000.

United States Gasoline Fund Stock Down 1.1 %

NYSEARCA:UGA opened at $61.40 on Thursday. United States Gasoline Fund LP has a fifty-two week low of $55.37 and a fifty-two week high of $74.57. The firm’s 50 day moving average is $64.03 and its two-hundred day moving average is $62.28.

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.