SLT Holdings LLC Takes $1.98 Million Position in ProShares Ultra Bloomberg Natural Gas $BOIL

SLT Holdings LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,390 shares of the exchange traded fund’s stock, valued at approximately $1,978,000. ProShares Ultra Bloomberg Natural Gas accounts for about 1.3% of SLT Holdings LLC’s portfolio, making the stock its 16th biggest holding.

Several other large investors have also made changes to their positions in the company. Group One Trading LLC lifted its stake in shares of ProShares Ultra Bloomberg Natural Gas by 69.4% during the third quarter. Group One Trading LLC now owns 62,847 shares of the exchange traded fund’s stock valued at $1,885,000 after acquiring an additional 25,756 shares during the period. HighTower Advisors LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter valued at $1,336,000. IMC Chicago LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter valued at $997,000. Centric Wealth Management lifted its stake in shares of ProShares Ultra Bloomberg Natural Gas by 100.0% during the third quarter. Centric Wealth Management now owns 40,000 shares of the exchange traded fund’s stock valued at $1,204,000 after acquiring an additional 20,000 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of ProShares Ultra Bloomberg Natural Gas by 1,432.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 37,645 shares of the exchange traded fund’s stock valued at $862,000 after acquiring an additional 35,188 shares during the period.

ProShares Ultra Bloomberg Natural Gas Price Performance

Shares of BOIL opened at $12.74 on Monday. ProShares Ultra Bloomberg Natural Gas has a 12-month low of $12.07 and a 12-month high of $63.68. The stock’s fifty day simple moving average is $14.71 and its 200-day simple moving average is $21.75.

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

ProShares Ultra Bloomberg Natural Gas 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.