Centric Wealth Management Has $4.92 Million Stock Position in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL)

Centric Wealth Management trimmed its stake in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,163 shares of the exchange traded fund’s stock after selling 22,000 shares during the quarter. ProShares Ultra Bloomberg Natural Gas comprises approximately 1.3% of Centric Wealth Management’s investment portfolio, making the stock its 15th biggest position. Centric Wealth Management’s holdings in ProShares Ultra Bloomberg Natural Gas were worth $4,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in ProShares Ultra Bloomberg Natural Gas in the 4th quarter valued at $28,000. PVG Asset Management Corp bought a new position in ProShares Ultra Bloomberg Natural Gas during the 3rd quarter worth $217,000. Finally, EP Wealth Advisors LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas in the 3rd quarter valued at $522,000.

ProShares Ultra Bloomberg Natural Gas Price Performance

BOIL opened at $85.76 on Tuesday. The business’s fifty day moving average is $77.83 and its 200-day moving average is $58.82. ProShares Ultra Bloomberg Natural Gas has a 52-week low of $35.68 and a 52-week high of $123.60.

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.