November 29, 2016 - By Hazel Jackson · 0 Comments
Nov 29 is a negative day so far for United States Natural Gas (NYSEARCA:UNG) as the ETF is active during the day after losing 1.19% to hit $8.33 per share. The exchange traded fund has 670.64 million net assets and 2.85% volatility this month.
Over the course of the day 951,866 shares traded hands, as compared to an average volume of 6.89 million over the last 30 days for United States Natural Gas (NYSEARCA:UNG).
The ETF is -29.96% of its 52-Week High and 22.15% of its low, and is currently having ATR of 0.3. This year’s performance is -18.57% while this quarter’s performance is -8.67%.
The ETF’s YTD performance is -6.81%, the 1 year is -17.64% and the 3 year is -23.1%.
The fund’s top holdings are: Future Contract On Natural Gas Futr Dec16 for 35.66% of assets, Future Contract On Ice Ng Ld1 Fut Dec16 for 13.16%, US Treasury Bill for 1.27%.
More notable recent United States Natural Gas Fund, LP (NYSEARCA:UNG) news were published by: Etfdailynews.com which released: “Natural Gas Long Term Outlook Is Incredibly Bullish” on November 20, 2016, also Etfdailynews.com with their article: “Trump’s Policies Could Wreak Havoc On The Natural Gas Markets” published on November 18, 2016, Etfdailynews.com published: “Here’s How to Play the Volatile Natural Gas Markets” on October 26, 2016. More interesting news about United States Natural Gas Fund, LP (NYSEARCA:UNG) were released by: Fool.com and their article: “Best Energy ETF of the Week: United States Natural Gas Fund, LP (UNG, CHK, RRC …” published on March 18, 2016 as well as Etfdailynews.com‘s news article titled: “Time to Get Bullish on Natural Gas” with publication date: October 20, 2016.
United States Natural Gas Fund, LP is a limited partnership. The company has a market cap of $670.64 million. The Firm is a commodity pool that issues limited partnership interests traded on the NYSE Arca, Inc. (the NYSE Arca). It currently has negative earnings. 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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By Hazel Jackson