ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $50.54, but opened at $52.12. ProShares Ultra Bloomberg Natural Gas shares last traded at $53.11, with a volume of 755,229 shares trading hands.
ProShares Ultra Bloomberg Natural Gas Stock Up 4.1 %
The business has a fifty day moving average price of $42.64 and a 200-day moving average price of $53.78.
Institutional Investors 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 purchased a new position in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm 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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