United States 12 Month Natural Gas Fund (NYSEARCA:UNL) Trading 1.6% Higher

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) was up 1.6% during mid-day trading on Tuesday . The stock traded as high as $8.09 and last traded at $8.06. Approximately 65,119 shares were traded during mid-day trading, a decline of 22% from the average daily 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 simple moving average is $7.85 and its 200-day simple moving average is $8.96.

Hedge Funds Weigh In On United States 12 Month Natural Gas Fund

A hedge fund recently bought a new stake in United States 12 Month Natural Gas Fund stock. Cambridge Investment Research Advisors Inc. acquired a new position in shares of United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,997 shares of the company’s stock, valued at approximately $152,000. Cambridge Investment Research Advisors Inc. owned 0.82% of United States 12 Month Natural Gas Fund as of its most recent SEC filing.

United States 12 Month Natural Gas Fund Company Profile

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.