Shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $67.39, but opened at $65.05. ProShares Ultra Bloomberg Natural Gas shares last traded at $65.78, with a volume of 379,114 shares traded.
ProShares Ultra Bloomberg Natural Gas Price Performance
The company’s 50 day moving average is $50.14 and its 200 day moving average is $49.13.
Hedge Funds Weigh In On ProShares Ultra Bloomberg Natural Gas
An institutional investor recently bought a new position in ProShares Ultra Bloomberg Natural Gas stock. PVG Asset Management Corp acquired a new stake in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 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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