HighTower Advisors LLC Makes New Investment in ProShares Ultra Bloomberg Natural Gas $BOIL

HighTower Advisors LLC acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 44,555 shares of the exchange traded fund’s stock, valued at approximately $1,336,000. HighTower Advisors LLC owned about 0.23% of ProShares Ultra Bloomberg Natural Gas as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. HUB Investment Partners LLC bought a new position in ProShares Ultra Bloomberg Natural Gas during the second quarter valued at about $324,000. Thrive Wealth Management LLC bought a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter valued at approximately $231,000. Revisor Wealth Management LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas in the third quarter valued at $342,000. Two Sigma Securities LLC bought a new position in ProShares Ultra Bloomberg Natural Gas in the second quarter worth $744,000. Finally, Centric Wealth Management acquired a new stake in ProShares Ultra Bloomberg Natural Gas during the second quarter worth $922,000.

ProShares Ultra Bloomberg Natural Gas Stock Performance

Shares of BOIL stock opened at $17.78 on Tuesday. The firm has a fifty day moving average of $21.47 and a 200-day moving average of $27.24. ProShares Ultra Bloomberg Natural Gas has a 52-week low of $15.20 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. BOIL was launched on Oct 4, 2011 and is managed by ProShares.