ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Shares Gap Up to $16.21

Shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOILGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $16.21, but opened at $18.27. ProShares Ultra Bloomberg Natural Gas shares last traded at $18.41, with a volume of 3,263,777 shares trading hands.

ProShares Ultra Bloomberg Natural Gas Stock Down 9.9 %

The business’s 50 day simple moving average is $15.47 and its 200 day simple moving average is $21.74.

Institutional Investors Weigh In On ProShares Ultra Bloomberg Natural Gas

Several institutional investors have recently modified their holdings of the stock. Barclays PLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the third quarter valued at $940,000. Headlands Technologies LLC purchased a new stake in ProShares Ultra Bloomberg Natural Gas in the 3rd quarter worth about $202,000. Peoples Bank KS lifted its stake in ProShares Ultra Bloomberg Natural Gas by 97.8% in the fourth quarter. Peoples Bank KS now owns 6,069 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 3,000 shares during the last quarter. Hibernia Wealth Partners LLC purchased a new position in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter valued at approximately $455,000. Finally, Cypress Capital Management LLC WY grew its stake in shares of ProShares Ultra Bloomberg Natural Gas by 103.0% during the fourth quarter. Cypress Capital Management LLC WY now owns 15,735 shares of the exchange traded fund’s stock valued at $448,000 after buying an additional 7,985 shares during the last quarter.

About ProShares Ultra Bloomberg Natural Gas

(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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