ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Shares Gap Down to $45.43

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $45.43, but opened at $43.12. ProShares Ultra Bloomberg Natural Gas shares last traded at $43.76, with a volume of 1,513,481 shares changing hands.

ProShares Ultra Bloomberg Natural Gas Price Performance

The stock has a fifty day moving average price of $58.73 and a 200-day moving average price of $353.18.

Institutional Trading of ProShares Ultra Bloomberg Natural Gas

Institutional investors have recently made changes to their positions in the business. First Capital Advisors Group LLC. acquired a new stake in ProShares Ultra Bloomberg Natural Gas during the 2nd quarter worth about $28,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 318.7% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 7,955 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 6,055 shares during the period. CWM LLC lifted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 69.0% in the 2nd quarter. CWM LLC now owns 441 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 180 shares during the period. Advisory Services Network LLC lifted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 5,556.6% in the 1st quarter. Advisory Services Network LLC now owns 8,202 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 8,057 shares during the period. Finally, UBS Group AG increased its stake in shares of ProShares Ultra Bloomberg Natural Gas by 49.7% in the 2nd quarter. UBS Group AG now owns 747 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 248 shares in the last quarter.

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.