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NYSEARCA:BOIL

ProShares Ultra Bloomberg Natural Gas (BOIL) Price, Holdings, & News

ProShares Ultra Bloomberg Natural Gas logo
$45.89 +3.74 (+8.87%)
(As of 11/29/2024 ET)

About ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL)

Key Stats

Today's Range
$44.71
$47.20
50-Day Range
$36.00
$60.45
52-Week Range
$35.68
$203.50
Volume
2.72 million shs
Average Volume
2.33 million shs
Market Capitalization
$1.89 billion
Assets Under Management
$554.33 million
Dividend Yield
0.00%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

ProShares Ultra Bloomberg Natural Gas is an Electronically Traded Fund (ETF) that specializes in providing leveraged exposure to the performance of natural gas futures contracts. Founded in 2011, the fund's mission is to offer investors the opportunity to amplify their returns through a two times daily performance of the Bloomberg Natural Gas Subindex. With headquarters in Bethesda, Maryland, ProShares Ultra Bloomberg Natural Gas serves a diverse range of investors, including institutional and individual clients.

The ProShares Ultra Bloomberg Natural Gas is an exchange-traded fund (ETF) that seeks to deliver double the daily return of the Bloomberg Natural Gas Subindex. By utilizing financial derivatives, the ETF aims to magnify natural gas price movements and provide traders with the potential for enhanced returns. This investment vehicle allows investors to take advantage of short-term price fluctuations in natural gas without directly trading the physical commodity.

ProShares Ultra Bloomberg Natural Gas operates in the broader natural gas market, which is subject to various trends, competitors, and regulatory factors. As an ETF provider focused on leveraged exposure to natural gas, ProShares Ultra Bloomberg Natural Gas benefits from its specialization in the commodities space. The ETF's expertise in designing and managing leveraged products gives it a competitive edge in meeting the needs of investors seeking amplified returns in the natural gas market.

ProShares Ultra Bloomberg Natural Gas allows investors to participate in the natural gas market without requiring direct commodity trading. This eliminates the complexities and costs associated with natural gas's physical delivery and storage. The leveraged nature of the ETF allows investors to amplify their gains during periods of favorable market conditions.

ProShares Ultra Bloomberg Natural Gas also differentiates itself through its commitment to innovation. The ETF's fund managers continuously explore new ways to meet investors' evolving needs and adapt to market environment changes. By offering leveraged exposure to natural gas, ProShares Ultra Bloomberg Natural Gas caters to investors with a specific interest in the short-term dynamics of the commodity.

It is essential to recognize the risks and challenges that ProShares Ultra Bloomberg Natural Gas faces. One of the primary risks is the inherent volatility of the natural gas market. Various factors influence natural gas prices, including supply and demand dynamics, weather patterns, geopolitical events, and regulatory changes. These factors can result in significant price fluctuations, which may impact the performance of ProShares Ultra Bloomberg Natural Gas's leveraged product.

Additionally, regulatory changes and political developments can affect the natural gas market and subsequently impact ProShares Ultra Bloomberg Natural Gas's operations. Changes in environmental regulations or policies related to energy production and consumption can create uncertainties for the natural gas industry. The fund must closely monitor and adapt to any regulatory shifts that may impact the demand for natural gas or alter the market structure.

Risk management is crucial to ProShares Ultra Bloomberg Natural Gas's operations. The fund employs robust risk management strategies to mitigate potential downsides associated with leveraged exposure. These strategies include portfolio diversification, monitoring of market conditions, and proactive risk assessment. By actively managing risk, ProShares Ultra Bloomberg Natural Gas aims to protect investor capital and maintain the long-term viability of its products.

ProShares Ultra Bloomberg Natural Gas Expenses

TypeBOILNatural Gas ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.81%0.69%0.51%0.52%
Other Expenses0.00%0.76%0.37%0.57%0.53%
Total Expense0.95%1.19%0.86%0.73%0.71%
Fee Waiver0.00%-0.96%-0.73%-0.67%-0.57%
Net Expense0.95%0.85%0.66%0.58%0.59%
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BOIL ETF News Headlines

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Underneath the surface, cracks are forming. Cracks that threaten to shatter everything we know. America is teetering on the edge of a collapse unlike anything we've seen.
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BOIL ETF - Frequently Asked Questions

ProShares Ultra Bloomberg Natural Gas' stock was trading at $142.20 at the beginning of 2024. Since then, BOIL shares have decreased by 67.7% and is now trading at $45.89.
View the best growth stocks for 2024 here
.

ProShares Ultra Bloomberg Natural Gas's stock reverse split on the morning of Thursday, November 7th 2024. The 1-5 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

ProShares Ultra Bloomberg Natural Gas' top institutional investors include Jane Street Group LLC, Centric Wealth Management (0.27%), EP Wealth Advisors LLC (0.11%) and PVG Asset Management Corp (0.05%).

Shares of BOIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares Ultra Bloomberg Natural Gas investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA) and ProShares UltraShort Bloomberg Natural Gas (KOLD).

Fund Details

Issuer
ProShares
Fund Name
ProShares Ultra Bloomberg Natural Gas
Tax Classification
Partnership
Current Symbol
NYSEARCA:BOIL
Inception Date
10/4/2011
Fund Manager
Alexander Ilyasov
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
Bloomberg Natural Gas Subindex
Category
Energy
Focus
Natural Gas
Development Level
Blended Development
Region
Global
Number of Holdings
11

Fund Statistics

Assets Under Management
$554.33 million
Average Daily Volume
$3.22 million
Discount/Premium
-0.80%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
ProShare Advisors LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
SEI Investments Distribution Co.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
Wilmington Trust Company
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
16,883
Put Options
5,991
Call Options
10,892
Short Interest
1,910,000 shs

Miscellaneous

Beta
0.14
Creation Unit
50,000
Creation Fee
$250.00
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Top 2 BOIL Holdings

  • NATURAL GAS FUTR JAN25
    Holding Weight: 199.98%
  • NET OTHER ASSETS / CASH
    Holding Weight: 0.00%

This page (NYSEARCA:BOIL) was last updated on 12/1/2024 by MarketBeat.com Staff
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