United States Gasoline Fund LP $UGA Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in United States Gasoline Fund LP (NYSEARCA:UGA) by 33.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 12,640 shares of the company’s stock after purchasing an additional 3,178 shares during the quarter. Kestra Advisory Services LLC’s holdings in United States Gasoline Fund were worth $812,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in United States Gasoline Fund by 2.7% in the first quarter. Envestnet Asset Management Inc. now owns 11,874 shares of the company’s stock valued at $763,000 after buying an additional 316 shares during the last quarter. PFG Investments LLC lifted its position in shares of United States Gasoline Fund by 20.3% during the first quarter. PFG Investments LLC now owns 4,836 shares of the company’s stock worth $311,000 after purchasing an additional 817 shares in the last quarter. Roman Butler Fullerton & Co. lifted its position in shares of United States Gasoline Fund by 14.0% during the first quarter. Roman Butler Fullerton & Co. now owns 11,348 shares of the company’s stock worth $729,000 after purchasing an additional 1,393 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of United States Gasoline Fund by 27.0% during the first quarter. Cetera Investment Advisers now owns 26,116 shares of the company’s stock worth $1,678,000 after purchasing an additional 5,553 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of United States Gasoline Fund during the first quarter worth about $503,000.

United States Gasoline Fund Price Performance

Shares of UGA opened at $66.14 on Wednesday. United States Gasoline Fund LP has a 1 year low of $52.80 and a 1 year high of $68.15. The company’s 50-day simple moving average is $62.67 and its 200-day simple moving average is $61.22.

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.