Headlands Technologies LLC Purchases Shares of 991 ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL)

Headlands Technologies LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 991 shares of the exchange traded fund’s stock, valued at approximately $85,000.

Several other hedge funds have also modified their holdings of BOIL. JPMorgan Chase & Co. acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter valued at about $28,000. BNP Paribas Financial Markets acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter valued at about $153,000. Squarepoint Ops LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter valued at about $2,366,000. 180 Wealth Advisors LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the first quarter valued at about $273,000. Finally, IMC Chicago LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the first quarter valued at about $6,947,000.

ProShares Ultra Bloomberg Natural Gas Stock Performance

BOIL opened at $32.94 on Tuesday. ProShares Ultra Bloomberg Natural Gas has a 52-week low of $31.34 and a 52-week high of $109.77. The firm’s 50-day moving average price is $46.13 and its 200-day moving average price is $61.13.

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.