United States Gasoline Fund
UGA

$60.95

0.41%

Market Cap: $101M

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

257% more call options, than puts

Call options by funds: $3.4M | Put options by funds: $952K

3.5% more ownership

Funds ownership: 37.78% [Q1] → 41.28% (+3.5%) [Q2]

8% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 13

5% less capital invested

Capital invested by funds: $45.5M [Q1] → $43.2M (-$2.32M) [Q2]

9% less funds holding

Funds holding: 45 [Q1] → 41 (-4) [Q2]

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for UGA.

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Financial journalist opinion

UGA: The Gasoline ETF As The Driving Season Ends

Gasoline prices face volatility as the 2024 U.S. election approaches, with the United States Gasoline Fund, LP ETF offering a valuable trading tool. Seasonality and the weak Chinese economy may lead to lower gasoline prices, while OPEC+ control and Middle East tensions could spike prices. The UGA ETF tracks gasoline futures prices, showing potential for rallies and declines based on various factors impacting the oil market.

UGA: The Gasoline ETF As The Driving Season Ends

UGA: The Case For Gasoline Prices Over The Coming Months

Gasoline demand increases during the summer due to increased mileage from drivers. Gasoline prices have been trending higher since early June, with a bullish trend in 2024. The November U.S. election will determine U.S. energy policy, impacting crude oil and gasoline prices for the coming years.

UGA: The Case For Gasoline Prices Over The Coming Months

UGA: The Way To Play Gasoline

Gasoline demand remains strong despite the push for clean energy. United States Gasoline Fund, LP ETF, provides access to gasoline performance through futures contracts. UGA offers direct exposure to the gasoline market, a potential hedge against inflation, but subject to high volatility and the potential impact of electric vehicle adoption.

UGA: The Way To Play Gasoline

Zacks Investment Research

4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which oil prices can go higher.

4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Zacks Investment Research

5 Commodity ETFs Riding High in 2024

The Bloomberg Commodity Index, a widely viewed measure of broad commodities prices, rose to its highest level since November driven by higher prices for oil, gold, and cocoa.

5 Commodity ETFs Riding High in 2024

Zacks Investment Research

Boost Profits With Gasoline ETF Ahead of Summer Driving Season

Gas prices have started to climb up ahead of the summer driving season. Investors could easily take advantage of surging gas prices by focusing on the pure-play United States Gasoline ETF (UGA).

Boost Profits With Gasoline ETF Ahead of Summer Driving Season

The Driving Season Approaches: UGA Rises And Falls With Gasoline

Gasoline prices could soar in the coming months due to factors such as the price action in crude oil, turmoil in the Middle East, the U.S. election, and the low level of the U.S. Strategic Petroleum Reserve. Gasoline and oil prices are in marginally bullish trends, with both crude oil and gasoline futures showing rounding bottoms since late 2023. The U.S. election, seasonality, and geopolitical factors also are supporting higher crude oil and gasoline prices.

The Driving Season Approaches: UGA Rises And Falls With Gasoline

Zacks Investment Research

Time for Oil & Energy ETFs?

Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.

Time for Oil & Energy ETFs?

UGA: Time To Put Gasoline On The Investment Radar (Rating Upgrade)

Gasoline prices have declined and are expected to fall further due to seasonality and low demand during the winter months. Factors such as COP28, ongoing wars, and U.S. energy policy support the possibility of higher gasoline prices in 2024. The United States Gasoline Fund could be a good investment opportunity, with potential for price appreciation during the 2024 driving season.

UGA: Time To Put Gasoline On The Investment Radar (Rating Upgrade)

VettaFi Voices On: The 2023 Holiday Retail Season

Good morning, VettaFi Voices! Last Friday, the holiday shopping season kicked off in earnest (while I hunkered down in my house eating turkey sandwiches and waited for the initial frenzy to pass).

VettaFi Voices On: The 2023 Holiday Retail Season

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