Blue Capital Inc. Sells 15,559 Shares of United States Gasoline Fund LP $UGA

Blue Capital Inc. trimmed its holdings in United States Gasoline Fund LP (NYSEARCA:UGA) by 58.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,204 shares of the company’s stock after selling 15,559 shares during the quarter. Blue Capital Inc. owned about 0.97% of United States Gasoline Fund worth $1,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC bought a new stake in United States Gasoline Fund in the fourth quarter worth approximately $30,000. JPMorgan Chase & Co. grew its position in shares of United States Gasoline Fund by 73.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 566 shares of the company’s stock worth $36,000 after buying an additional 239 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of United States Gasoline Fund during the 4th quarter worth approximately $44,000. Osaic Holdings Inc. increased its stake in shares of United States Gasoline Fund by 39.2% in the 2nd quarter. Osaic Holdings Inc. now owns 1,894 shares of the company’s stock valued at $114,000 after acquiring an additional 533 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of United States Gasoline Fund in the 3rd quarter valued at $124,000.

United States Gasoline Fund Trading Down 1.2%

United States Gasoline Fund stock opened at $102.95 on Friday. United States Gasoline Fund LP has a 12-month low of $60.40 and a 12-month high of $125.47. The firm’s fifty day moving average is $109.80 and its 200 day moving average is $89.39.

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.