ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Trading Up 4.3% – Here’s What Happened

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOILGet Free Report) shares rose 4.3% during mid-day trading on Thursday . The stock traded as high as $46.33 and last traded at $45.98. Approximately 1,000,673 shares traded hands during trading, a decline of 59% from the average daily volume of 2,418,024 shares. The stock had previously closed at $44.07.

ProShares Ultra Bloomberg Natural Gas Trading Up 7.8 %

The firm has a 50-day moving average of $42.49 and a 200 day moving average of $55.00.

Institutional Inflows and Outflows

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:BOILFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,730 shares of the exchange traded fund’s stock, valued at approximately $217,000.

ProShares Ultra Bloomberg Natural Gas Company Profile

(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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