Trek Financial LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 41,321 shares of the company’s stock, valued at approximately $2,992,000. Trek Financial LLC owned approximately 2.47% of ProShares UltraShort Bloomberg Natural Gas at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Pinnacle Holdings LLC acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the first quarter valued at $78,000. UBS Group AG raised its stake in shares of ProShares UltraShort Bloomberg Natural Gas by 30.8% in the first quarter. UBS Group AG now owns 7,124 shares of the company’s stock valued at $115,000 after acquiring an additional 1,679 shares in the last quarter. XR Securities LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the first quarter valued at $263,000. HRT Financial LP acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the fourth quarter valued at $267,000. Finally, Citigroup Inc. acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the first quarter valued at $705,000.
ProShares UltraShort Bloomberg Natural Gas Stock Performance
ProShares UltraShort Bloomberg Natural Gas stock opened at $60.55 on Friday. ProShares UltraShort Bloomberg Natural Gas has a 1-year low of $9.82 and a 1-year high of $92.35. The stock’s fifty day moving average is $57.31 and its two-hundred day moving average is $64.77.
About ProShares UltraShort Bloomberg Natural Gas
The ProShares UltraShort Bloomberg Natural Gas (KOLD) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides daily -2x exposure to an index that tracks natural gas by holding one second month futures contract at a time. KOLD was launched on Oct 4, 2011 and is managed by ProShares.
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