ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Trading 6.6% Higher

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) shares traded up 6.6% during trading on Tuesday . The company traded as high as $59.08 and last traded at $58.50. 4,713,980 shares changed hands during trading, an increase of 42% from the average session volume of 3,323,463 shares. The stock had previously closed at $54.86.

ProShares Ultra Bloomberg Natural Gas Trading Up 5.1 %

The business has a 50-day simple moving average of $62.55 and a 200 day simple moving average of $928.15.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in ProShares Ultra Bloomberg Natural Gas by 1,319.0% during the 1st quarter. Jane Street Group LLC now owns 19,079,910 shares of the exchange traded fund’s stock valued at $68,878,000 after purchasing an additional 17,735,327 shares during the last quarter. Axim Planning & Wealth purchased a new stake in ProShares Ultra Bloomberg Natural Gas during the 1st quarter valued at $11,295,000. Jump Financial LLC boosted its stake in ProShares Ultra Bloomberg Natural Gas by 402.4% during the 1st quarter. Jump Financial LLC now owns 586,810 shares of the exchange traded fund’s stock valued at $2,118,000 after purchasing an additional 470,010 shares during the last quarter. Centric Wealth Management boosted its stake in ProShares Ultra Bloomberg Natural Gas by 404.0% during the 1st quarter. Centric Wealth Management now owns 503,967 shares of the exchange traded fund’s stock valued at $1,819,000 after purchasing an additional 403,967 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in ProShares Ultra Bloomberg Natural Gas by 1,018.8% during the 4th quarter. Bank of America Corp DE now owns 218,622 shares of the exchange traded fund’s stock valued at $3,887,000 after purchasing an additional 199,081 shares during the last quarter.

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.