ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Shares Pass Above 50 Day Moving Average of $12.77

Shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.77 and traded as high as $16.33. ProShares Ultra Bloomberg Natural Gas shares last traded at $16.28, with a volume of 5,436 shares changing hands.

The stock has a fifty day simple moving average of $12.84 and a two-hundred day simple moving average of $16.76.

Hedge funds have recently modified their holdings of the business. Deutsche Bank AG acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the 4th quarter valued at $227,000. XR Securities LLC acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the 2nd quarter valued at $805,000. Finally, IMC Chicago LLC boosted its holdings in shares of ProShares Ultra Bloomberg Natural Gas by 171.8% in the 2nd quarter. IMC Chicago LLC now owns 241,965 shares of the exchange traded fund’s stock valued at $3,368,000 after purchasing an additional 578,791 shares in the last quarter.

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