ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Shares Gap Down – What’s Next?

Posted by Doug Wharley on Dec 18th, 2024

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $44.05, but opened at $42.34. ProShares Ultra Bloomberg Natural Gas shares last traded at $42.17, with a volume of 344,685 shares changing hands.

ProShares Ultra Bloomberg Natural Gas Price Performance

The company’s 50 day moving average price is $42.62 and its two-hundred day moving average price is $55.27.

Institutional Trading of ProShares Ultra Bloomberg Natural Gas

A hedge fund recently bought a new stake in ProShares Ultra Bloomberg Natural Gas stock. EP Wealth Advisors LLC purchased a new position in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 45,000 shares of the exchange traded fund’s stock, valued at approximately $522,000. EP Wealth Advisors LLC owned 0.11% of ProShares Ultra Bloomberg Natural Gas at the end of the most recent quarter.

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.