Centric Wealth Management Buys Shares of 20,000 ProShares Ultra Bloomberg Natural Gas $BOIL

Centric Wealth Management purchased a new position in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,000 shares of the exchange traded fund’s stock, valued at approximately $922,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Headlands Technologies LLC acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the 1st quarter valued at $85,000. Simplex Trading LLC increased its position in ProShares Ultra Bloomberg Natural Gas by 8,623.8% during the second quarter. Simplex Trading LLC now owns 23,467 shares of the exchange traded fund’s stock worth $1,081,000 after buying an additional 23,198 shares during the last quarter. Flow Traders U.S. LLC bought a new position in ProShares Ultra Bloomberg Natural Gas during the first quarter valued at about $1,625,000. Everstar Asset Management LLC bought a new position in ProShares Ultra Bloomberg Natural Gas during the first quarter valued at about $1,805,000. Finally, Jump Financial LLC acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the first quarter worth about $3,029,000.

ProShares Ultra Bloomberg Natural Gas Trading Up 3.2%

BOIL opened at $35.32 on Friday. The stock has a 50-day moving average of $30.21 and a 200-day moving average of $39.26. ProShares Ultra Bloomberg Natural Gas has a 52-week low of $24.65 and a 52-week high of $109.77.

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.