United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL – Get Free Report) shot up 1.6% during trading on Tuesday . The company traded as high as $8.09 and last traded at $8.06. 65,119 shares changed hands during trading, a decline of 22% from the average session volume of 83,135 shares. The stock had previously closed at $7.93.
United States 12 Month Natural Gas Fund Price Performance
The company’s 50-day moving average price is $7.83 and its two-hundred day moving average price is $8.98.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in United States 12 Month Natural Gas Fund stock. Sterling Investment Advisors LLC ADV purchased a new stake in United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 12,862 shares of the company’s stock, valued at approximately $100,000. Sterling Investment Advisors LLC ADV owned 0.76% of United States 12 Month Natural Gas Fund as of its most recent filing with the SEC.
About United States 12 Month Natural Gas Fund
The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective 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 average of the prices of the Benchmark Futures Contracts, less UNL’s expenses.
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