41,355 Shares in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Bought by Pineridge Advisors LLC

Pineridge Advisors LLC bought a new position in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 41,355 shares of the exchange traded fund’s stock, valued at approximately $1,176,000. ProShares Ultra Bloomberg Natural Gas accounts for about 0.4% of Pineridge Advisors LLC’s holdings, making the stock its 22nd largest holding. Pineridge Advisors LLC owned about 0.24% of ProShares Ultra Bloomberg Natural Gas at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC boosted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 20.6% during the 4th 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 last quarter. Centric Wealth Management bought a new position in shares of ProShares Ultra Bloomberg Natural Gas during the 4th quarter valued at about $9,704,000. Cypress Capital Management LLC WY lifted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 103.0% in the 4th quarter. Cypress Capital Management LLC WY now owns 15,735 shares of the exchange traded fund’s stock valued at $448,000 after acquiring an additional 7,985 shares during the last quarter. Hibernia Wealth Partners LLC bought a new position in shares of ProShares Ultra Bloomberg Natural Gas in the 4th quarter valued at about $455,000. Finally, Peoples Bank KS lifted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 97.8% in the 4th quarter. Peoples Bank KS now owns 6,069 shares of the exchange traded fund’s stock valued at $173,000 after acquiring an additional 3,000 shares during the last quarter.

ProShares Ultra Bloomberg Natural Gas Stock Down 2.2 %

Shares of NYSEARCA:BOIL traded down $0.45 during trading on Friday, reaching $20.32. The company’s stock had a trading volume of 5,501,326 shares, compared to its average volume of 10,526,013. ProShares Ultra Bloomberg Natural Gas has a 12 month low of $12.28 and a 12 month high of $78.65. The firm’s 50 day simple moving average is $16.71 and its two-hundred day simple moving average is $20.55.

About ProShares Ultra Bloomberg Natural Gas

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.