SLT Holdings LLC Makes New $1.98 Million Investment in ProShares Ultra Bloomberg Natural Gas $BOIL

SLT Holdings LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 86,390 shares of the exchange traded fund’s stock, valued at approximately $1,978,000. ProShares Ultra Bloomberg Natural Gas makes up about 1.3% of SLT Holdings LLC’s investment portfolio, making the stock its 16th biggest position. SLT Holdings LLC owned about 0.84% of ProShares Ultra Bloomberg Natural Gas as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of BOIL. HighTower Advisors LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas in the third quarter worth $1,336,000. IMC Chicago LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas in the fourth quarter worth $997,000. Group One Trading LLC acquired a new position in ProShares Ultra Bloomberg Natural Gas in the second quarter worth $1,709,000. EverSource Wealth Advisors LLC boosted its stake in ProShares Ultra Bloomberg Natural Gas by 1,432.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 37,645 shares of the exchange traded fund’s stock worth $862,000 after purchasing an additional 35,188 shares in the last quarter. Finally, Centric Wealth Management boosted its stake in ProShares Ultra Bloomberg Natural Gas by 100.0% in the third quarter. Centric Wealth Management now owns 40,000 shares of the exchange traded fund’s stock worth $1,204,000 after purchasing an additional 20,000 shares in the last quarter.

ProShares Ultra Bloomberg Natural Gas Price Performance

ProShares Ultra Bloomberg Natural Gas stock opened at $12.74 on Monday. The business’s fifty day moving average is $14.71 and its two-hundred day moving average is $21.75. ProShares Ultra Bloomberg Natural Gas has a 52 week low of $12.07 and a 52 week high of $63.68.

ProShares Ultra Bloomberg Natural Gas’s stock is scheduled to reverse split on Thursday, May 28th. The 1-2 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, May 27th.

ProShares Ultra Bloomberg Natural Gas Company Profile

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. BOIL was launched on Oct 4, 2011 and is managed by ProShares.