ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $68.64, but opened at $70.22. ProShares Ultra Bloomberg Natural Gas shares last traded at $70.60, with a volume of 254,232 shares trading hands.
ProShares Ultra Bloomberg Natural Gas Stock Down 4.4 %
The business’s fifty day moving average price is $51.08 and its 200 day moving average price is $49.26.
Institutional Investors Weigh In On ProShares Ultra Bloomberg Natural Gas
A hedge fund recently bought a new stake in ProShares Ultra Bloomberg Natural Gas stock. PVG Asset Management Corp purchased a new stake in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 18,730 shares of the exchange traded fund’s stock, valued at approximately $217,000.
ProShares Ultra Bloomberg Natural Gas Company Profile
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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