ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Shares Up 4.4%

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOILGet Free Report)’s share price were up 4.4% during trading on Wednesday . The company traded as high as $12.20 and last traded at $12.15. Approximately 2,792,440 shares were traded during trading, a decline of 74% from the average daily volume of 10,946,503 shares. The stock had previously closed at $11.64.

ProShares Ultra Bloomberg Natural Gas Stock Up 1.8 %

The company’s 50 day moving average price is $9.73 and its 200 day moving average price is $13.55.

Institutional Trading of ProShares Ultra Bloomberg Natural Gas

A number of institutional investors have recently modified their holdings of the business. Advisory Services Network LLC lifted its stake in shares of ProShares Ultra Bloomberg Natural Gas by 20.6% in the fourth quarter. Advisory Services Network LLC now owns 8,238 shares of the exchange traded fund’s stock valued at $234,000 after purchasing an additional 1,406 shares during the period. Pineridge Advisors LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the 4th quarter worth approximately $1,176,000. Traynor Capital Management Inc. purchased a new position in ProShares Ultra Bloomberg Natural Gas in the 1st quarter valued at approximately $166,000. Kingswood Wealth Advisors LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas during the first quarter worth $135,000. Finally, Sunbelt Securities Inc. boosted its position in ProShares Ultra Bloomberg Natural Gas by 84.3% during the first quarter. Sunbelt Securities Inc. now owns 2,707 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 1,238 shares in the last quarter.

ProShares Ultra Bloomberg Natural Gas Company Profile

(Get Free Report)

The ProShares Ultra Bloomberg Natural Gas (BOIL) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides 2x the daily return of an index that measures the price performance of natural gas as reflected through publicly traded natural gas futures contracts.

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